Filed July 21, 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 7-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 | $36,693 | $72,277-49.2% | $101,248-63.8% | $79,858-54.1% |
| Participation rate | 69.7% | 68.5%+1.2pp | 75.8%-6.1pp | 69.6%+0.1pp |
| Annual return | 30.52% | 22.30%+8.2pp | 46.47%-16.0pp | 31.71%-1.2pp |
| Employer contribution / active EE | $2,199 | $2,692-18.3% | $3,660-39.9% | $2,471-11.0% |
| Participant deferral / active EE | $4,175 | $3,282+27.2% | $4,370-4.5% | $3,740+11.6% |
| Admin fee / account holder | $3,779 | $4,400-14.1% | $5,945-36.4% | $5,306-28.8% |