Filed April 20, 2023
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 | $82,873 | $57,281+44.7% | $86,612-4.3% | $75,163+10.3% |
| Participation rate | 70.1% | 63.2%+7.0pp | 71.7%-1.5pp | 67.2%+3.0pp |
| Annual return | 34.52% | 2670.75%-2636.2pp | 591.07%-556.5pp | 160.62%-126.1pp |
| Employer contribution / active EE | $2,401 | $2,314+3.7% | $3,022-20.6% | $2,670-10.1% |
| Participant deferral / active EE | $4,174 | $3,318+25.8% | $4,438-5.9% | $4,125+1.2% |
| Admin fee / account holder | $2,689 | $4,112-34.6% | $5,614-52.1% | $5,651-52.4% |