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 | $27,854 | $65,409-57.4% | $98,442-71.7% | $85,850-67.6% |
| Participation rate | 81.7% | 65.0%+16.7pp | 73.3%+8.3pp | 69.3%+12.4pp |
| Annual return | 19.40% | 21.76%-2.4pp | 1492.73%-1473.3pp | 318.53%-299.1pp |
| Employer contribution / active EE | $2,154 | $2,168-0.6% | $2,960-27.2% | $2,565-16.0% |
| Participant deferral / active EE | $7,071 | $3,166+123.3% | $4,276+65.4% | $3,952+78.9% |
| Admin fee / account holder | $5,011 | $4,593+9.1% | $5,949-15.8% | $6,260-19.9% |