Filed April 8, 2021 (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.
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 | $48,213 | $50,637-4.8% | $86,590-44.3% | $62,292-22.6% |
| Participation rate | 44.2% | 67.9%-23.7pp | 73.5%-29.3pp | 69.5%-25.3pp |
| Annual return | 20.55% | 20.80%-0.2pp | 964.84%-944.3pp | 28.90%-8.3pp |
| Employer contribution / active EE | $990 | $2,075-52.3% | $2,839-65.1% | $2,042-51.5% |
| Participant deferral / active EE | $2,390 | $2,611-8.5% | $3,609-33.8% | $3,169-24.6% |
| Admin fee / account holder | $1,297 | $413+213.8% | $4,906-73.6% | $479+170.6% |