Filed November 6, 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.)
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 | $23,639 | $176,377-86.6% | $134,143-82.4% | $158,922-85.1% |
| Participation rate | 88.9% | 78.7%+10.2pp | 72.2%+16.7pp | 82.0%+6.9pp |
| Annual return | 9.33% | 63.63%-54.3pp | 36.33%-27.0pp | 302.83%-293.5pp |
| Employer contribution / active EE | $1,877 | $5,040-62.8% | $3,704-49.3% | $4,761-60.6% |
| Participant deferral / active EE | $5,048 | $4,091+23.4% | $3,499+44.3% | $5,982-15.6% |
| Admin fee / account holder | $716 | $8,718-91.8% | $6,684-89.3% | $11,246-93.6% |