Filed December 12, 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 | $55,776 | $76,552-27.1% | $123,892-55.0% | $62,891-11.3% |
| Participation rate | 96.4% | 73.0%+23.4pp | 81.4%+15.0pp | 69.3%+27.1pp |
| Annual return | 17.92% | 18.68%-0.8pp | 47.52%-29.6pp | 20.14%-2.2pp |
| Employer contribution / active EE | $3,210 | $2,883+11.4% | $4,617-30.5% | $2,281+40.8% |
| Participant deferral / active EE | $6,122 | $4,840+26.5% | $5,984+2.3% | $3,203+91.1% |
| Admin fee / account holder | $1,339 | $4,826-72.3% | $8,357-84.0% | $4,296-68.8% |