Filed September 2, 2022 (most recent of 2 filings on file)
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 | $112,680 | $99,341+13.4% | $84,750+33.0% | $273,961-58.9% |
| Participation rate | 100.0% | 80.7%+19.3pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 4.91% | 22.93%-18.0pp | 22.78%-17.9pp | 41.45%-36.5pp |
| Employer contribution / active EE | $6,517 | $4,214+54.7% | $3,574+82.3% | $4,869+33.9% |
| Participant deferral / active EE | $5,940 | $4,269+39.1% | $3,712+60.0% | $5,287+12.4% |
| Admin fee / account holder | $1,022 | $6,644-84.6% | $5,332-80.8% | $10,132-89.9% |