Filed September 18, 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 | $78,155 | $211,958-63.1% | $169,463-53.9% | $135,375-42.3% |
| Participation rate | 94.7% | 82.6%+12.1pp | 77.8%+17.0pp | 82.6%+12.1pp |
| Annual return | -8.64% | 3.26%-11.9pp | 1.83%-10.5pp | 519.73%-528.4pp |
| Employer contribution / active EE | $848 | $5,120-83.4% | $4,159-79.6% | $4,779-82.2% |
| Participant deferral / active EE | $5,422 | $6,075-10.7% | $5,277+2.8% | $5,609-3.3% |
| Admin fee / account holder | $8,804 | $11,471-23.2% | $9,109-3.4% | $10,827-18.7% |