Filed July 2, 2021 (most recent of 2 filings on file)
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $30,255 | $95,803-68.4% | $113,168-73.3% | $84,808-64.3% |
| Participation rate | 90.9% | 72.9%+18.0pp | 76.6%+14.3pp | 68.3%+22.6pp |
| Annual return | 21.17% | 25.00%-3.8pp | 24.27%-3.1pp | 40.90%-19.7pp |
| Employer contribution / active EE | $1,590 | $2,360-32.6% | $2,975-46.6% | $2,631-39.6% |
| Participant deferral / active EE | $2,798 | $4,242-34.0% | $5,107-45.2% | $4,212-33.6% |
| Admin fee / account holder | $1,730 | $8,989-80.8% | $12,068-85.7% | $7,344-76.4% |