Filed July 10, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $251,163 | $96,965+159.0% | $97,995+156.3% | $147,584+70.2% |
| Participation rate | 100.0% | 83.6%+16.4pp | 82.4%+17.6pp | 82.8%+17.2pp |
| Annual return | 8.54% | 24.11%-15.6pp | 23.94%-15.4pp | 578.55%-570.0pp |
| Employer contribution / active EE | $11,161 | $4,536+146.0% | $4,158+168.4% | $4,876+128.9% |
| Participant deferral / active EE | $10,564 | $5,081+107.9% | $5,097+107.3% | $5,439+94.2% |
| Admin fee / account holder | $11,501 | $8,120+41.6% | $5,943+93.5% | $10,885+5.7% |