Filed September 14, 2021
Total covered: 3 employees
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 | $55,512 | $81,460-31.9% | $103,333-46.3% | $80,856-31.3% |
| Participation rate | 70.5% | 66.8%+3.6pp | 74.5%-4.1pp | 67.6%+2.8pp |
| Annual return | 15.95% | 25.55%-9.6pp | 24.88%-8.9pp | 35.59%-19.6pp |
| Employer contribution / active EE | $2,208 | $3,105-28.9% | $3,868-42.9% | $2,755-19.9% |
| Participant deferral / active EE | $4,579 | $3,869+18.4% | $5,057-9.5% | $4,296+6.6% |
| Admin fee / account holder | $15,363 | $6,566+134.0% | $8,355+83.9% | $6,918+122.1% |