Filed November 12, 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 | $41,542 | $102,382-59.4% | $147,005-71.7% | $80,874-48.6% |
| Participation rate | 71.2% | 75.8%-4.6pp | 82.2%-10.9pp | 67.6%+3.6pp |
| Annual return | 17.89% | 134.89%-117.0pp | 418.76%-400.9pp | 35.62%-17.7pp |
| Employer contribution / active EE | $2,608 | $3,715-29.8% | $4,934-47.1% | $2,756-5.4% |
| Participant deferral / active EE | $4,207 | $6,646-36.7% | $8,070-47.9% | $4,297-2.1% |
| Admin fee / account holder | $1,409 | $7,942-82.3% | $13,006-89.2% | $6,935-79.7% |