Filed January 25, 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 9-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 | $44,537 | $85,766-48.1% | $136,294-67.3% | $70,131-36.5% |
| Participation rate | 97.1% | 74.2%+22.9pp | 81.9%+15.1pp | 69.5%+27.5pp |
| Annual return | 65.88% | 31.45%+34.4pp | 5155.94%-5090.1pp | 73.14%-7.3pp |
| Employer contribution / active EE | $6,112 | $2,966+106.1% | $4,695+30.2% | $2,342+160.9% |
| Participant deferral / active EE | $8,916 | $5,051+76.5% | $6,247+42.7% | $3,332+167.6% |
| Admin fee / account holder | $682 | $5,420-87.4% | $9,243-92.6% | $4,645-85.3% |