Filed November 9, 2020
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 | $32,327 | $85,766-62.3% | $136,294-76.3% | $70,131-53.9% |
| Participation rate | 90.4% | 74.2%+16.2pp | 81.9%+8.5pp | 69.5%+20.8pp |
| Annual return | 68.65% | 31.45%+37.2pp | 5155.94%-5087.3pp | 73.14%-4.5pp |
| Employer contribution / active EE | $3,980 | $2,966+34.2% | $4,695-15.2% | $2,342+69.9% |
| Participant deferral / active EE | $11,975 | $5,051+137.1% | $6,247+91.7% | $3,332+259.4% |
| Admin fee / account holder | $472 | $5,420-91.3% | $9,243-94.9% | $4,645-89.8% |