Filed August 3, 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $94,980 | $84,695+12.1% | $73,843+28.6% | $125,391-24.3% |
| Participation rate | 68.2% | 76.8%-8.6pp | 73.4%-5.3pp | 83.2%-15.0pp |
| Annual return | 0.02% | 3123.53%-3123.5pp | 2267.84%-2267.8pp | 282.22%-282.2pp |
| Employer contribution / active EE | $13,035 | $3,123+317.4% | $2,787+367.6% | $4,866+167.9% |
| Participant deferral / active EE | $6,199 | $3,992+55.3% | $3,583+73.0% | $5,352+15.8% |
| Admin fee / account holder | $711 | $5,691-87.5% | $4,880-85.4% | $9,540-92.5% |