Filed April 11, 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 | $128,222 | $101,069+26.9% | $81,478+57.4% | $147,584-13.1% |
| Participation rate | 95.0% | 74.5%+20.5pp | 68.0%+27.0pp | 82.8%+12.2pp |
| Annual return | 21.96% | 32.40%-10.4pp | 38.78%-16.8pp | 578.55%-556.6pp |
| Employer contribution / active EE | $2,330 | $3,205-27.3% | $2,568-9.2% | $4,876-52.2% |
| Participant deferral / active EE | $4,071 | $4,242-4.0% | $3,537+15.1% | $5,439-25.1% |
| Admin fee / account holder | $7,126 | $5,812+22.6% | $4,561+56.2% | $10,885-34.5% |