Filed June 11, 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.
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 | $90,658 | $63,346+43.1% | $92,233-1.7% | $70,131+29.3% |
| Participation rate | 72.5% | 68.7%+3.8pp | 76.5%-4.0pp | 69.5%+3.0pp |
| Annual return | 20.64% | 530.12%-509.5pp | 176.28%-155.6pp | 73.14%-52.5pp |
| Employer contribution / active EE | $3,633 | $2,471+47.0% | $3,679-1.3% | $2,342+55.1% |
| Participant deferral / active EE | $8,351 | $2,854+192.6% | $3,897+114.3% | $3,332+150.7% |
| Admin fee / account holder | $1,017 | $3,840-73.5% | $5,194-80.4% | $4,645-78.1% |