Filed May 13, 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.)
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 | $125,262 | $74,888+67.3% | $71,209+75.9% | $142,382-12.0% |
| Participation rate | 100.0% | 76.2%+23.8pp | 73.8%+26.2pp | 80.1%+19.9pp |
| Annual return | 3.51% | 345.14%-341.6pp | 282.51%-279.0pp | 217.08%-213.6pp |
| Employer contribution / active EE | $6,717 | $2,854+135.3% | $2,721+146.9% | $4,299+56.3% |
| Participant deferral / active EE | $14,813 | $4,454+232.5% | $4,175+254.8% | $6,507+127.6% |
| Admin fee / account holder | $11,672 | $5,568+109.6% | $5,349+118.2% | $12,624-7.5% |