Filed July 21, 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 8-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 | $29,557 | $66,310-55.4% | $93,606-68.4% | $65,185-54.7% |
| Participation rate | 78.9% | 74.0%+4.9pp | 75.8%+3.1pp | 70.2%+8.7pp |
| Annual return | 25.41% | 42.58%-17.2pp | 32.76%-7.4pp | 29.38%-4.0pp |
| Employer contribution / active EE | $2,376 | $2,012+18.1% | $2,718-12.6% | $2,177+9.2% |
| Participant deferral / active EE | $5,061 | $3,342+51.4% | $4,069+24.4% | $3,514+44.0% |
| Admin fee / account holder | $2,726 | $6,897-60.5% | $7,888-65.4% | $847+221.8% |