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.
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 | $132,278 | $78,672+68.1% | $109,143+21.2% | $85,850+54.1% |
| Participation rate | 81.8% | 68.3%+13.5pp | 75.9%+5.9pp | 69.3%+12.5pp |
| Annual return | 18.64% | 25.09%-6.4pp | 25.75%-7.1pp | 318.53%-299.9pp |
| Employer contribution / active EE | $2,651 | $2,735-3.1% | $3,722-28.8% | $2,565+3.3% |
| Participant deferral / active EE | $7,179 | $3,467+107.1% | $4,653+54.3% | $3,952+81.7% |
| Admin fee / account holder | $490 | $5,469-91.0% | $6,752-92.7% | $6,260-92.2% |