Filed January 25, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $45,679 | $68,346-33.2% | $94,646-51.7% | $75,163-39.2% |
| Participation rate | 93.3% | 76.1%+17.2pp | 80.8%+12.5pp | 67.2%+26.1pp |
| Annual return | 15.16% | 616.93%-601.8pp | 156.71%-141.6pp | 160.62%-145.5pp |
| Employer contribution / active EE | $3,338 | $2,701+23.6% | $3,672-9.1% | $2,670+25.0% |
| Participant deferral / active EE | $6,178 | $6,537-5.5% | $7,418-16.7% | $4,125+49.8% |
| Admin fee / account holder | $1,670 | $5,326-68.6% | $7,231-76.9% | $5,651-70.4% |