Filed June 1, 2022
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 6-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 | $34,279 | $54,350-36.9% | $82,719-58.6% | $68,494-50.0% |
| Participation rate | 95.1% | 63.9%+31.2pp | 72.6%+22.6pp | 67.9%+27.2pp |
| Annual return | -17.40% | -13.67%-3.7pp | 701.18%-718.6pp | -7.84%-9.6pp |
| Employer contribution / active EE | $4,357 | $2,218+96.4% | $3,009+44.8% | $2,596+67.8% |
| Participant deferral / active EE | $6,903 | $3,246+112.7% | $4,395+57.1% | $4,027+71.4% |
| Admin fee / account holder | $995 | $4,395-77.4% | $5,329-81.3% | $5,403-81.6% |