Filed July 28, 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 9-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 | $81,499 | $46,869+73.9% | $122,332-33.4% | $70,131+16.2% |
| Participation rate | 95.0% | 58.2%+36.8pp | 71.6%+23.4pp | 69.5%+25.5pp |
| Annual return | 48.11% | 24.22%+23.9pp | 30.27%+17.8pp | 73.14%-25.0pp |
| Employer contribution / active EE | $1,346 | $1,288+4.5% | $4,050-66.8% | $2,342-42.6% |
| Participant deferral / active EE | $4,294 | $2,166+98.2% | $3,287+30.6% | $3,332+28.9% |
| Admin fee / account holder | $1,322 | $3,322-60.2% | $5,478-75.9% | $4,645-71.6% |