Filed December 27, 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 5-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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $9,706 | $96,635-90.0% | $86,612-88.8% | $139,434-93.0% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 6.11% | 106.41%-100.3pp | 591.07%-585.0pp | 372.94%-366.8pp |
| Employer contribution / active EE | $1,457 | $3,263-55.4% | $3,022-51.8% | $4,751-69.3% |
| Participant deferral / active EE | $3,261 | $4,836-32.6% | $4,438-26.5% | $6,710-51.4% |
| Admin fee / account holder | $1,459 | $6,408-77.2% | $5,614-74.0% | $11,403-87.2% |