Filed October 15, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $89,054 | $198,466-55.1% | $170,442-47.8% | $147,584-39.7% |
| Participation rate | 77.8% | 88.0%-10.2pp | 83.6%-5.8pp | 82.8%-5.1pp |
| Annual return | 22.81% | 257.29%-234.5pp | 205.93%-183.1pp | 578.55%-555.7pp |
| Employer contribution / active EE | $1,276 | $6,184-79.4% | $5,433-76.5% | $4,876-73.8% |
| Participant deferral / active EE | $8,858 | $5,629+57.3% | $4,939+79.3% | $5,439+62.9% |
| Admin fee / account holder | $1,820 | $16,852-89.2% | $13,880-86.9% | $10,885-83.3% |