Filed November 13, 2024
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 5-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 | $99,999 | $146,267-31.6% | $197,124-49.3% | $82,448+21.3% |
| Participation rate | 82.8% | 84.0%-1.3pp | 86.7%-4.0pp | 68.1%+14.7pp |
| Annual return | 21.29% | 29.61%-8.3pp | 44.34%-23.1pp | 41.64%-20.4pp |
| Employer contribution / active EE | $8,831 | $4,723+87.0% | $6,227+41.8% | $2,551+246.2% |
| Participant deferral / active EE | $8,677 | $7,035+23.3% | $9,135-5.0% | $4,139+109.6% |
| Admin fee / account holder | $9,077 | $14,422-37.1% | $16,298-44.3% | $7,234+25.5% |