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 | $148,978-32.9% | $200,582-50.1% | $84,808+17.9% |
| Participation rate | 82.8% | 84.2%-1.5pp | 86.9%-4.1pp | 68.3%+14.4pp |
| Annual return | 21.29% | 28.16%-6.9pp | 42.33%-21.0pp | 40.90%-19.6pp |
| Employer contribution / active EE | $8,831 | $4,815+83.4% | $6,419+37.6% | $2,631+235.7% |
| Participant deferral / active EE | $8,677 | $7,142+21.5% | $9,331-7.0% | $4,212+106.0% |
| Admin fee / account holder | $9,077 | $13,977-35.1% | $16,305-44.3% | $7,344+23.6% |