Filed September 1, 2020
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).
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 | $47,449 | $87,870-46.0% | $113,168-58.1% | $74,304-36.1% |
| Participation rate | 75.0% | 70.7%+4.3pp | 76.6%-1.6pp | 60.3%+14.7pp |
| Annual return | 116.68% | 26.44%+90.2pp | 24.27%+92.4pp | 29.43%+87.3pp |
| Employer contribution / active EE | $3,143 | $2,277+38.0% | $2,975+5.6% | $2,241+40.2% |
| Participant deferral / active EE | $5,586 | $4,241+31.7% | $5,107+9.4% | $3,767+48.3% |
| Admin fee / account holder | $8,043 | $3,368+138.8% | $12,068-33.4% | $2,969+170.9% |