Filed November 17, 2021
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 | $2,518 | $65,685-96.2% | $57,179-95.6% | $273,961-99.1% |
| Participation rate | 100.0% | 78.3%+21.7pp | 75.3%+24.7pp | 83.0%+17.0pp |
| Annual return | 22.95% | 21.99%+1.0pp | 14.59%+8.4pp | 41.45%-18.5pp |
| Employer contribution / active EE | $2,478 | $3,279-24.4% | $2,682-7.6% | $4,869-49.1% |
| Participant deferral / active EE | $2,575 | $3,782-31.9% | $3,096-16.8% | $5,287-51.3% |
| Admin fee / account holder | $432 | $4,835-91.1% | $3,139-86.2% | $10,132-95.7% |