Filed January 4, 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 | $45,043 | $100,041-55.0% | $149,718-69.9% | $70,131-35.8% |
| Participation rate | 82.2% | 83.6%-1.4pp | 87.1%-4.8pp | 69.5%+12.7pp |
| Annual return | 18.34% | 27.43%-9.1pp | 1501.63%-1483.3pp | 73.14%-54.8pp |
| Employer contribution / active EE | $2,268 | $3,662-38.1% | $5,445-58.3% | $2,342-3.2% |
| Participant deferral / active EE | $4,268 | $4,983-14.3% | $6,569-35.0% | $3,332+28.1% |
| Admin fee / account holder | $634 | $8,286-92.4% | $11,283-94.4% | $4,645-86.4% |