Filed October 28, 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 | $128,297 | $124,281+3.2% | $109,143+17.6% | $167,490-23.4% |
| Participation rate | 77.8% | 79.4%-1.7pp | 75.9%+1.9pp | 82.1%-4.3pp |
| Annual return | 12.51% | 26.04%-13.5pp | 25.75%-13.2pp | 478.56%-466.0pp |
| Employer contribution / active EE | $3,894 | $4,207-7.4% | $3,722+4.6% | $4,837-19.5% |
| Participant deferral / active EE | $9,981 | $5,255+89.9% | $4,653+114.5% | $6,341+57.4% |
| Admin fee / account holder | $9,204 | $7,970+15.5% | $6,752+36.3% | $12,309-25.2% |