Filed November 21, 2022 (most recent of 4 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $48,902 | $69,362-29.5% | $101,248-51.7% | $73,488-33.5% |
| Participation rate | 70.8% | 68.4%+2.4pp | 75.8%-5.1pp | 70.7%+0.1pp |
| Annual return | 9.36% | 18.46%-9.1pp | 46.47%-37.1pp | 28.51%-19.2pp |
| Employer contribution / active EE | $1,005 | $2,628-61.8% | $3,660-72.5% | $2,270-55.7% |
| Participant deferral / active EE | $3,904 | $3,300+18.3% | $4,370-10.7% | $3,740+4.4% |
| Admin fee / account holder | $23,852 | $704+3290.1% | $5,945+301.2% | $513+4548.9% |