Filed November 2, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,384 | $89,739-88.4% | $149,718-93.1% | $62,292-83.3% |
| Participation rate | 81.0% | 85.1%-4.1pp | 87.1%-6.0pp | 69.5%+11.5pp |
| Annual return | 3.68% | 21.01%-17.3pp | 1501.63%-1497.9pp | 28.90%-25.2pp |
| Employer contribution / active EE | $0 | $3,233-100.0% | $5,445-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $4,761 | $4,797-0.8% | $6,569-27.5% | $3,169+50.2% |
| Admin fee / account holder | $1,481 | $551+168.6% | $11,283-86.9% | $479+208.9% |