Filed February 17, 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 | $54,971 | $47,479+15.8% | $62,929-12.6% | $82,448-33.3% |
| Participation rate | 100.0% | 66.9%+33.1pp | 73.1%+26.9pp | 68.1%+31.9pp |
| Annual return | 15.98% | 20.34%-4.4pp | 1063.93%-1047.9pp | 41.64%-25.7pp |
| Employer contribution / active EE | $1,835 | $1,885-2.7% | $2,505-26.7% | $2,551-28.1% |
| Participant deferral / active EE | $8,057 | $2,870+180.7% | $3,888+107.2% | $4,139+94.7% |
| Admin fee / account holder | $3,925 | $3,804+3.2% | $5,065-22.5% | $7,234-45.7% |