Filed April 2, 2024
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,808 | $148,978-9.5% | $200,582-32.8% | $84,808+59.0% |
| Participation rate | 73.9% | 84.2%-10.3pp | 86.9%-13.0pp | 68.3%+5.6pp |
| Annual return | 18.80% | 28.16%-9.4pp | 42.33%-23.5pp | 40.90%-22.1pp |
| Employer contribution / active EE | $0 | $4,815-100.0% | $6,419-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $10,573 | $7,142+48.0% | $9,331+13.3% | $4,212+151.1% |
| Admin fee / account holder | $1,405 | $13,977-89.9% | $16,305-91.4% | $7,344-80.9% |