Filed January 23, 2023 (most recent of 2 filings on file)
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 | $31,487 | $48,046-34.5% | $84,611-62.8% | $72,985-56.9% |
| Participation rate | 95.1% | 57.6%+37.5pp | 68.2%+26.9pp | 69.5%+25.6pp |
| Annual return | 31.64% | 37.38%-5.7pp | 258.74%-227.1pp | 81.00%-49.4pp |
| Employer contribution / active EE | $3,257 | $1,602+103.4% | $2,652+22.8% | $2,440+33.5% |
| Participant deferral / active EE | $2,797 | $2,680+4.4% | $3,899-28.2% | $3,607-22.5% |
| Admin fee / account holder | $2,417 | $3,395-28.8% | $4,912-50.8% | $5,124-52.8% |