Filed January 29, 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 | $77,518 | $45,073+72.0% | $69,455+11.6% | $72,985+6.2% |
| Participation rate | 100.0% | 68.5%+31.5pp | 74.6%+25.4pp | 69.5%+30.5pp |
| Annual return | 19.45% | 22.65%-3.2pp | 28.97%-9.5pp | 81.00%-61.6pp |
| Employer contribution / active EE | $3,460 | $2,054+68.5% | $2,779+24.5% | $2,440+41.8% |
| Participant deferral / active EE | $7,114 | $2,602+173.5% | $3,535+101.2% | $3,607+97.2% |
| Admin fee / account holder | $3,913 | $3,056+28.1% | $3,839+1.9% | $5,124-23.6% |