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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,190 | $54,705-2.8% | $71,209-25.3% | $84,808-37.3% |
| Participation rate | 79.3% | 64.1%+15.2pp | 73.8%+5.6pp | 68.3%+11.0pp |
| Annual return | 26.31% | 35.90%-9.6pp | 282.51%-256.2pp | 40.90%-14.6pp |
| Employer contribution / active EE | $3,195 | $2,158+48.1% | $2,721+17.4% | $2,631+21.5% |
| Participant deferral / active EE | $7,851 | $3,030+159.1% | $4,175+88.0% | $4,212+86.4% |
| Admin fee / account holder | $3,354 | $4,863-31.0% | $5,349-37.3% | $7,344-54.3% |