Filed June 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 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.)
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 | $81,373 | $197,591-58.8% | $177,821-54.2% | $158,922-48.8% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.7%+12.3pp | 82.0%+18.0pp |
| Annual return | 29.66% | 58.76%-29.1pp | 48.32%-18.7pp | 302.83%-273.2pp |
| Employer contribution / active EE | $6,654 | $6,697-0.6% | $5,918+12.4% | $4,761+39.8% |
| Participant deferral / active EE | $11,896 | $8,405+41.5% | $7,714+54.2% | $5,982+98.9% |
| Admin fee / account holder | $854 | $15,399-94.5% | $12,427-93.1% | $11,246-92.4% |