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 | $85,002 | $49,227+72.7% | $70,449+20.7% | $79,858+6.4% |
| Participation rate | 89.3% | 69.2%+20.1pp | 75.1%+14.2pp | 69.6%+19.7pp |
| Annual return | 13.24% | 30.06%-16.8pp | 109.03%-95.8pp | 31.71%-18.5pp |
| Employer contribution / active EE | $3,680 | $2,099+75.3% | $2,737+34.5% | $2,471+48.9% |
| Participant deferral / active EE | $6,908 | $2,768+149.6% | $3,709+86.3% | $3,740+84.7% |
| Admin fee / account holder | $6,845 | $2,878+137.8% | $3,845+78.0% | $5,306+29.0% |