Filed April 29, 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 | $46,585 | $219,709-78.8% | $109,143-57.3% | - |
| Participation rate | 0.0% | 61.5%-61.5pp | 75.9%-75.9pp | - |
| Annual return | 18.18% | 14.84%+3.3pp | 25.75%-7.6pp | - |
| Employer contribution / active EE | $0 | $2,247-100.0% | $3,722-100.0% | - |
| Participant deferral / active EE | $0 | $3,260-100.0% | $4,653-100.0% | - |
| Admin fee / account holder | $2,542 | $13,236-80.8% | $6,752-62.3% | - |