Filed June 1, 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 | $114,545 | $83,477+37.2% | $125,175-8.5% | $72,985+56.9% |
| Participation rate | 83.3% | 73.3%+10.0pp | 79.8%+3.6pp | 69.5%+13.8pp |
| Annual return | 22.84% | 25.78%-2.9pp | 43.79%-20.9pp | 81.00%-58.2pp |
| Employer contribution / active EE | $2,299 | $2,345-2.0% | $3,865-40.5% | $2,440-5.8% |
| Participant deferral / active EE | $5,809 | $3,585+62.0% | $4,937+17.7% | $3,607+61.0% |
| Admin fee / account holder | $26,023 | $5,517+371.7% | $9,702+168.2% | $5,124+407.8% |