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 | $95,670 | $48,570+97.0% | $130,648-26.8% | $72,985+31.1% |
| Participation rate | 100.0% | 58.6%+41.4pp | 71.7%+28.3pp | 69.5%+30.5pp |
| Annual return | 19.69% | 38.63%-18.9pp | 1708.96%-1689.3pp | 81.00%-61.3pp |
| Employer contribution / active EE | $1,610 | $1,334+20.7% | $4,092-60.7% | $2,440-34.0% |
| Participant deferral / active EE | $5,554 | $2,384+133.0% | $3,603+54.2% | $3,607+54.0% |
| Admin fee / account holder | $3,893 | $3,549+9.7% | $5,464-28.8% | $5,124-24.0% |