Filed November 29, 2022
Total covered: 10 employees
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 | $113,251 | $49,177+130.3% | $79,464+42.5% | $64,186+76.4% |
| Participation rate | 97.2% | 65.0%+32.2pp | 73.3%+23.9pp | 69.6%+27.7pp |
| Annual return | 11.13% | -1.16%+12.3pp | 718.14%-707.0pp | 7.63%+3.5pp |
| Employer contribution / active EE | $5,528 | $2,076+166.3% | $2,800+97.4% | $2,381+132.2% |
| Participant deferral / active EE | $6,500 | $2,821+130.4% | $3,704+75.5% | $3,470+87.3% |
| Admin fee / account holder | $3,193 | $3,839-16.8% | $5,113-37.6% | $4,888-34.7% |