Filed October 12, 2021 (most recent of 2 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 | $30,290 | $49,915-39.3% | $154,803-80.4% | $74,304-59.2% |
| Participation rate | 63.4% | 54.0%+9.4pp | 78.1%-14.7pp | 60.3%+3.0pp |
| Annual return | 23.60% | 34.06%-10.5pp | 58.88%-35.3pp | 29.43%-5.8pp |
| Employer contribution / active EE | $1,680 | $1,611+4.2% | $4,305-61.0% | $2,241-25.1% |
| Participant deferral / active EE | $3,325 | $2,255+47.5% | $5,540-40.0% | $3,767-11.7% |
| Admin fee / account holder | $496 | $2,189-77.3% | $14,329-96.5% | $2,969-83.3% |