Filed December 16, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,308 | $85,766-82.2% | $136,294-88.8% | $70,131-78.2% |
| Participation rate | 81.5% | 74.2%+7.3pp | 81.9%-0.4pp | 69.5%+11.9pp |
| Annual return | 34.44% | 31.45%+3.0pp | 5155.94%-5121.5pp | 73.14%-38.7pp |
| Employer contribution / active EE | $2,549 | $2,966-14.1% | $4,695-45.7% | $2,342+8.8% |
| Participant deferral / active EE | $5,946 | $5,051+17.7% | $6,247-4.8% | $3,332+78.5% |
| Admin fee / account holder | $4,414 | $5,420-18.6% | $9,243-52.2% | $4,645-5.0% |