Filed January 22, 2024 (most recent of 2 filings on file)
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 | $70,473 | $109,359-35.6% | $162,163-56.5% | $72,985-3.4% |
| Participation rate | 89.7% | 84.3%+5.4pp | 87.6%+2.1pp | 69.5%+20.2pp |
| Annual return | 23.89% | 25.46%-1.6pp | 115.59%-91.7pp | 81.00%-57.1pp |
| Employer contribution / active EE | $1,292 | $3,907-66.9% | $5,614-77.0% | $2,440-47.1% |
| Participant deferral / active EE | $7,203 | $5,481+31.4% | $7,298-1.3% | $3,607+99.7% |
| Admin fee / account holder | $852 | $7,972-89.3% | $10,843-92.1% | $5,124-83.4% |