Filed November 4, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $55,438 | $102,317-45.8% | $146,958-62.3% | $80,856-31.4% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.2%+17.8pp | 67.6%+32.4pp |
| Annual return | 9.30% | 134.76%-125.5pp | 418.34%-409.0pp | 35.59%-26.3pp |
| Employer contribution / active EE | $11,491 | $3,713+209.5% | $4,933+133.0% | $2,755+317.1% |
| Participant deferral / active EE | $9,931 | $6,644+49.5% | $8,070+23.1% | $4,296+131.2% |
| Admin fee / account holder | $1,091 | $7,941-86.3% | $12,998-91.6% | $6,918-84.2% |