Filed September 25, 2024 (most recent of 2 filings on file)
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 4-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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,632 | $71,050+2.2% | $93,606-22.4% | $80,856-10.2% |
| Participation rate | 82.3% | 60.4%+21.9pp | 68.7%+13.5pp | 67.6%+14.6pp |
| Annual return | -28.27% | 11.26%-39.5pp | 133.20%-161.5pp | 35.59%-63.9pp |
| Employer contribution / active EE | $4,845 | $1,564+209.9% | $2,420+100.2% | $2,755+75.9% |
| Participant deferral / active EE | $0 | $4,034-100.0% | $4,411-100.0% | $4,296-100.0% |
| Admin fee / account holder | $1,950 | $6,945-71.9% | $8,285-76.5% | $6,918-71.8% |