Filed November 6, 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 | $26,747 | $60,124-55.5% | $90,404-70.4% | $79,858-66.5% |
| Participation rate | 84.0% | 65.0%+19.0pp | 72.7%+11.3pp | 69.6%+14.4pp |
| Annual return | 26.80% | 71.94%-45.1pp | 1293.02%-1266.2pp | 31.71%-4.9pp |
| Employer contribution / active EE | $2,054 | $2,068-0.7% | $3,262-37.0% | $2,471-16.9% |
| Participant deferral / active EE | $7,065 | $2,938+140.5% | $3,963+78.3% | $3,740+88.9% |
| Admin fee / account holder | $3,810 | $3,976-4.2% | $5,611-32.1% | $5,306-28.2% |