Filed June 27, 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.)
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 | $132,325 | $226,064-41.5% | $182,532-27.5% | $152,861-13.4% |
| Participation rate | 100.0% | 82.5%+17.5pp | 78.0%+22.0pp | 82.4%+17.6pp |
| Annual return | 23.12% | 192.51%-169.4pp | 148.54%-125.4pp | 345.32%-322.2pp |
| Employer contribution / active EE | $4,669 | $4,978-6.2% | $4,076+14.5% | $4,762-2.0% |
| Participant deferral / active EE | $26,453 | $6,368+315.4% | $5,524+378.9% | $5,850+352.2% |
| Admin fee / account holder | $7,998 | $10,703-25.3% | $8,592-6.9% | $11,596-31.0% |