Filed January 22, 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 | $181,900 | $209,411-13.1% | $178,490+1.9% | $158,922+14.5% |
| Participation rate | 100.0% | 86.3%+13.7pp | 81.9%+18.1pp | 82.0%+18.0pp |
| Annual return | 7.02% | 188.75%-181.7pp | 151.07%-144.1pp | 302.83%-295.8pp |
| Employer contribution / active EE | $8,632 | $5,706+51.3% | $5,011+72.3% | $4,761+81.3% |
| Participant deferral / active EE | $3,775 | $5,954-36.6% | $5,202-27.4% | $5,982-36.9% |
| Admin fee / account holder | $1,053 | $17,074-93.8% | $13,984-92.5% | $11,246-90.6% |