Filed January 19, 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 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 | $147,303 | $106,749+38.0% | $145,433+1.3% | $82,448+78.7% |
| Participation rate | 72.0% | 75.6%-3.6pp | 82.1%-10.1pp | 68.1%+3.9pp |
| Annual return | 21.30% | 27.59%-6.3pp | 66.58%-45.3pp | 41.64%-20.3pp |
| Employer contribution / active EE | $3,083 | $3,444-10.5% | $4,554-32.3% | $2,551+20.9% |
| Participant deferral / active EE | $8,800 | $6,519+35.0% | $7,897+11.4% | $4,139+112.6% |
| Admin fee / account holder | $1,038 | $8,390-87.6% | $13,129-92.1% | $7,234-85.7% |