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 | $78,776 | $43,723+80.2% | $121,196-35.0% | $64,186+22.7% |
| Participation rate | 100.0% | 58.3%+41.7pp | 71.7%+28.3pp | 69.6%+30.4pp |
| Annual return | -2.63% | 68.91%-71.5pp | 16.93%-19.6pp | 7.63%-10.3pp |
| Employer contribution / active EE | $1,707 | $1,296+31.7% | $4,022-57.5% | $2,381-28.3% |
| Participant deferral / active EE | $5,432 | $2,280+138.2% | $3,344+62.4% | $3,470+56.5% |
| Admin fee / account holder | $5,353 | $3,501+52.9% | $5,019+6.6% | $4,888+9.5% |