Filed November 30, 2021
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 | $74,116 | $73,515+0.8% | $62,995+17.7% | $147,584-49.8% |
| Participation rate | 84.6% | 77.9%+6.7pp | 74.8%+9.8pp | 82.8%+1.8pp |
| Annual return | 16.35% | 175.43%-159.1pp | 87.57%-71.2pp | 578.55%-562.2pp |
| Employer contribution / active EE | $3,140 | $3,320-5.4% | $2,759+13.8% | $4,876-35.6% |
| Participant deferral / active EE | $6,253 | $4,185+49.4% | $3,329+87.8% | $5,439+15.0% |
| Admin fee / account holder | $7,766 | $5,953+30.4% | $3,600+115.7% | $10,885-28.7% |