Filed March 8, 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 | $32,972 | $76,552-56.9% | $123,892-73.4% | $62,891-47.6% |
| Participation rate | 97.0% | 73.0%+24.0pp | 81.4%+15.6pp | 69.3%+27.7pp |
| Annual return | 13.35% | 18.68%-5.3pp | 47.52%-34.2pp | 20.14%-6.8pp |
| Employer contribution / active EE | $4,961 | $2,883+72.1% | $4,617+7.5% | $2,281+117.5% |
| Participant deferral / active EE | $7,514 | $4,840+55.2% | $5,984+25.6% | $3,203+134.6% |
| Admin fee / account holder | $1,312 | $4,826-72.8% | $8,357-84.3% | $4,296-69.5% |