Filed July 21, 2022
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 3-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 | $73,588 | $74,888-1.7% | $71,209+3.3% | $142,382-48.3% |
| Participation rate | 88.9% | 76.2%+12.7pp | 73.8%+15.1pp | 80.1%+8.8pp |
| Annual return | 48.84% | 345.14%-296.3pp | 282.51%-233.7pp | 217.08%-168.2pp |
| Employer contribution / active EE | $4,057 | $2,854+42.1% | $2,721+49.1% | $4,299-5.6% |
| Participant deferral / active EE | $7,533 | $4,454+69.1% | $4,175+80.4% | $6,507+15.8% |
| Admin fee / account holder | $1,776 | $5,568-68.1% | $5,349-66.8% | $12,624-85.9% |