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 | $144,780 | $227,553-36.4% | $189,557-23.6% | $167,490-13.6% |
| Participation rate | 100.0% | 82.5%+17.5pp | 78.4%+21.6pp | 82.1%+17.9pp |
| Annual return | 9.17% | 78.40%-69.2pp | 64.17%-55.0pp | 478.56%-469.4pp |
| Employer contribution / active EE | $924 | $5,316-82.6% | $4,412-79.1% | $4,837-80.9% |
| Participant deferral / active EE | $6,629 | $7,002-5.3% | $6,174+7.4% | $6,341+4.5% |
| Admin fee / account holder | $1,600 | $11,878-86.5% | $9,807-83.7% | $12,309-87.0% |