Filed May 18, 2022
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 | $54,544 | $57,281-4.8% | $86,612-37.0% | $75,163-27.4% |
| Participation rate | 70.4% | 63.2%+7.2pp | 71.7%-1.3pp | 67.2%+3.2pp |
| Annual return | 16.22% | 2670.75%-2654.5pp | 591.07%-574.9pp | 160.62%-144.4pp |
| Employer contribution / active EE | $1,096 | $2,314-52.6% | $3,022-63.7% | $2,670-58.9% |
| Participant deferral / active EE | $2,673 | $3,318-19.4% | $4,438-39.8% | $4,125-35.2% |
| Admin fee / account holder | $4,390 | $4,112+6.8% | $5,614-21.8% | $5,651-22.3% |