Filed February 18, 2021 (most recent of 2 filings on file)
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,590 | $76,552-73.1% | $123,892-83.4% | $62,891-67.3% |
| Participation rate | 73.8% | 73.0%+0.8pp | 81.4%-7.6pp | 69.3%+4.5pp |
| Annual return | 7.74% | 18.68%-10.9pp | 47.52%-39.8pp | 20.14%-12.4pp |
| Employer contribution / active EE | $1,352 | $2,883-53.1% | $4,617-70.7% | $2,281-40.7% |
| Participant deferral / active EE | $4,722 | $4,840-2.4% | $5,984-21.1% | $3,203+47.4% |
| Admin fee / account holder | $1,973 | $4,826-59.1% | $8,357-76.4% | $4,296-54.1% |