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 | $48,795+12.7% | $65,493-16.1% | $84,808-35.2% |
| Participation rate | 100.0% | 67.0%+33.0pp | 73.1%+26.9pp | 68.3%+31.7pp |
| Annual return | 15.98% | 20.20%-4.2pp | 982.45%-966.5pp | 40.90%-24.9pp |
| Employer contribution / active EE | $1,835 | $1,930-4.9% | $2,574-28.7% | $2,631-30.3% |
| Participant deferral / active EE | $8,057 | $2,928+175.1% | $3,961+103.4% | $4,212+91.3% |
| Admin fee / account holder | $3,925 | $3,877+1.2% | $5,028-21.9% | $7,344-46.6% |