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 | $42,501 | $58,208-27.0% | $81,812-48.0% | $80,856-47.4% |
| Participation rate | 72.2% | 63.4%+8.7pp | 72.3%-0.2pp | 67.6%+4.5pp |
| Annual return | 17.37% | 41.66%-24.3pp | 773.79%-756.4pp | 35.59%-18.2pp |
| Employer contribution / active EE | $2,401 | $2,340+2.6% | $2,912-17.6% | $2,755-12.8% |
| Participant deferral / active EE | $7,970 | $3,281+142.9% | $4,319+84.6% | $4,296+85.5% |
| Admin fee / account holder | $9,695 | $4,981+94.6% | $7,386+31.3% | $6,918+40.1% |