Filed December 3, 2021
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 | $44,504 | $72,177-38.3% | $115,037-61.3% | $59,632-25.4% |
| Participation rate | 98.4% | 72.6%+25.8pp | 81.4%+17.0pp | 68.7%+29.7pp |
| Annual return | -1.05% | 12.02%-13.1pp | 26.14%-27.2pp | 2041.28%-2042.3pp |
| Employer contribution / active EE | $2,127 | $2,841-25.1% | $4,608-53.8% | $2,203-3.4% |
| Participant deferral / active EE | $3,724 | $4,783-22.1% | $6,026-38.2% | $3,192+16.7% |
| Admin fee / account holder | $2,016 | $4,927-59.1% | $8,175-75.3% | $4,297-53.1% |