Filed November 25, 2022
Total covered: 5 employees
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 | $190,468 | $107,334+77.5% | $92,893+105.0% | $152,861+24.6% |
| Participation rate | 92.9% | 79.8%+13.1pp | 76.0%+16.9pp | 82.4%+10.4pp |
| Annual return | 23.43% | 145.58%-122.1pp | 109.41%-86.0pp | 345.32%-321.9pp |
| Employer contribution / active EE | $18,306 | $4,221+333.7% | $3,653+401.2% | $4,762+284.4% |
| Participant deferral / active EE | $11,790 | $4,845+143.4% | $4,236+178.3% | $5,850+101.5% |
| Admin fee / account holder | $35,277 | $7,079+398.3% | $5,794+508.9% | $11,596+204.2% |