Filed February 2, 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 9-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 | $56,178 | $67,411-16.7% | $91,001-38.3% | $70,131-19.9% |
| Participation rate | 81.3% | 71.4%+9.9pp | 75.6%+5.6pp | 69.5%+11.7pp |
| Annual return | 36.76% | -40.16%+76.9pp | 4.60%+32.2pp | 73.14%-36.4pp |
| Employer contribution / active EE | $3,733 | $1,786+109.0% | $2,456+52.0% | $2,342+59.4% |
| Participant deferral / active EE | $7,182 | $2,823+154.4% | $3,547+102.4% | $3,332+115.5% |
| Admin fee / account holder | $700 | $4,236-83.5% | $5,417-87.1% | $4,645-84.9% |