Filed February 13, 2024
Total covered: 2 employees
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.)
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 | $85,716 | $137,414-37.6% | $189,513-54.8% | $85,850-0.2% |
| Participation rate | 86.7% | 84.6%+2.1pp | 87.8%-1.1pp | 69.3%+17.4pp |
| Annual return | 10.27% | 38.14%-27.9pp | 555.15%-544.9pp | 318.53%-308.3pp |
| Employer contribution / active EE | $2,056 | $4,344-52.7% | $6,162-66.6% | $2,565-19.8% |
| Participant deferral / active EE | $4,211 | $6,260-32.7% | $8,221-48.8% | $3,952+6.6% |
| Admin fee / account holder | $417 | $8,630-95.2% | $12,045-96.5% | $6,260-93.3% |