Filed December 16, 2020
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 7-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 | $40,610 | $81,460-50.1% | $103,333-60.7% | $80,856-49.8% |
| Participation rate | 91.9% | 66.8%+25.1pp | 74.5%+17.4pp | 67.6%+24.3pp |
| Annual return | 35.34% | 25.55%+9.8pp | 24.88%+10.5pp | 35.59%-0.3pp |
| Employer contribution / active EE | $3,253 | $3,105+4.8% | $3,868-15.9% | $2,755+18.1% |
| Participant deferral / active EE | $5,449 | $3,869+40.9% | $5,057+7.7% | $4,296+26.9% |
| Admin fee / account holder | $540 | $6,566-91.8% | $8,355-93.5% | $6,918-92.2% |