Filed November 17, 2020
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.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $181,114 | $99,957+81.2% | $149,696+21.0% | $73,488+146.5% |
| Participation rate | 95.9% | 75.7%+20.2pp | 82.5%+13.4pp | 70.7%+25.2pp |
| Annual return | 21.07% | 53.87%-32.8pp | 276.60%-255.5pp | 28.51%-7.4pp |
| Employer contribution / active EE | $1,654 | $3,191-48.2% | $4,644-64.4% | $2,270-27.1% |
| Participant deferral / active EE | $8,882 | $6,073+46.3% | $6,842+29.8% | $3,740+137.5% |
| Admin fee / account holder | $464 | $551-15.8% | $9,309-95.0% | $513-9.6% |