Filed May 20, 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 | $69,565 | $68,346+1.8% | $94,646-26.5% | $75,163-7.4% |
| Participation rate | 88.5% | 76.1%+12.4pp | 80.8%+7.7pp | 67.2%+21.3pp |
| Annual return | 38.90% | 616.93%-578.0pp | 156.71%-117.8pp | 160.62%-121.7pp |
| Employer contribution / active EE | $3,722 | $2,701+37.8% | $3,672+1.4% | $2,670+39.4% |
| Participant deferral / active EE | $6,606 | $6,537+1.1% | $7,418-10.9% | $4,125+60.1% |
| Admin fee / account holder | $7,073 | $5,326+32.8% | $7,231-2.2% | $5,651+25.2% |