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 | $3,237 | $77,419-95.8% | $69,455-95.3% | $152,861-97.9% |
| Participation rate | 85.7% | 78.1%+7.6pp | 74.6%+11.1pp | 82.4%+3.3pp |
| Annual return | 29.31% | 39.06%-9.8pp | 28.97%+0.3pp | 345.32%-316.0pp |
| Employer contribution / active EE | $508 | $3,315-84.7% | $2,779-81.7% | $4,762-89.3% |
| Participant deferral / active EE | $1,429 | $4,414-67.6% | $3,535-59.6% | $5,850-75.6% |
| Admin fee / account holder | $307 | $6,207-95.0% | $3,839-92.0% | $11,596-97.3% |