Filed January 15, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,782 | $44,221-64.3% | $121,196-87.0% | $56,287-72.0% |
| Participation rate | 72.5% | 61.1%+11.5pp | 71.7%+0.8pp | 69.9%+2.7pp |
| Annual return | 41.86% | -3.58%+45.4pp | 16.93%+24.9pp | -9.96%+51.8pp |
| Employer contribution / active EE | $780 | $1,480-47.3% | $4,022-80.6% | $2,111-63.1% |
| Participant deferral / active EE | $1,145 | $2,521-54.6% | $3,344-65.8% | $3,350-65.8% |
| Admin fee / account holder | $998 | $480+107.7% | $5,019-80.1% | $521+91.6% |