Filed September 8, 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 9-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 | $38,196 | $71,050-46.2% | $93,606-59.2% | $80,856-52.8% |
| Participation rate | 78.3% | 60.4%+17.9pp | 68.7%+9.6pp | 67.6%+10.7pp |
| Annual return | 22.60% | 11.26%+11.3pp | 133.20%-110.6pp | 35.59%-13.0pp |
| Employer contribution / active EE | $1,736 | $1,564+11.0% | $2,420-28.3% | $2,755-37.0% |
| Participant deferral / active EE | $3,164 | $4,034-21.5% | $4,411-28.3% | $4,296-26.3% |
| Admin fee / account holder | $1,584 | $6,945-77.2% | $8,285-80.9% | $6,918-77.1% |