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 | $114,908 | $138,347-16.9% | $184,203-37.6% | $80,856+42.1% |
| Participation rate | 92.3% | 83.9%+8.4pp | 86.8%+5.5pp | 67.6%+24.7pp |
| Annual return | 18.32% | 20.02%-1.7pp | 28.81%-10.5pp | 35.59%-17.3pp |
| Employer contribution / active EE | $2,244 | $4,850-53.7% | $6,427-65.1% | $2,755-18.5% |
| Participant deferral / active EE | $11,466 | $7,071+62.2% | $9,131+25.6% | $4,296+166.9% |
| Admin fee / account holder | $2,876 | $10,483-72.6% | $13,901-79.3% | $6,918-58.4% |