Filed February 4, 2022
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 | $114,127 | $91,552+24.7% | $133,956-14.8% | $79,858+42.9% |
| Participation rate | 74.5% | 73.3%+1.1pp | 79.8%-5.4pp | 69.6%+4.8pp |
| Annual return | 27.42% | 61.85%-34.4pp | 45.09%-17.7pp | 31.71%-4.3pp |
| Employer contribution / active EE | $593 | $2,384-75.1% | $3,919-84.9% | $2,471-76.0% |
| Participant deferral / active EE | $6,825 | $3,733+82.8% | $5,048+35.2% | $3,740+82.5% |
| Admin fee / account holder | $431 | $6,321-93.2% | $8,927-95.2% | $5,306-91.9% |