Filed December 18, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $188,291 | $73,933+154.7% | $96,683+94.8% | $75,163+150.5% |
| Participation rate | 98.2% | 66.4%+31.8pp | 74.3%+23.8pp | 67.2%+31.0pp |
| Annual return | 32.09% | 26.70%+5.4pp | 35.69%-3.6pp | 160.62%-128.5pp |
| Employer contribution / active EE | $5,592 | $2,928+91.0% | $3,737+49.6% | $2,670+109.4% |
| Participant deferral / active EE | $0 | $3,659-100.0% | $4,878-100.0% | $4,125-100.0% |
| Admin fee / account holder | $16,495 | $5,216+216.2% | $6,730+145.1% | $5,651+191.9% |