Filed March 6, 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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,884 | $72,277-60.0% | $101,248-71.5% | $79,858-63.8% |
| Participation rate | 99.0% | 68.5%+30.5pp | 75.8%+23.2pp | 69.6%+29.3pp |
| Annual return | 24.38% | 22.30%+2.1pp | 46.47%-22.1pp | 31.71%-7.3pp |
| Employer contribution / active EE | $5,095 | $2,692+89.3% | $3,660+39.2% | $2,471+106.2% |
| Participant deferral / active EE | $4,201 | $3,282+28.0% | $4,370-3.9% | $3,740+12.3% |
| Admin fee / account holder | $2,669 | $4,400-39.3% | $5,945-55.1% | $5,306-49.7% |