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 | $62,051 | $58,208+6.6% | $81,812-24.2% | $80,856-23.3% |
| Participation rate | 100.0% | 63.4%+36.6pp | 72.3%+27.7pp | 67.6%+32.4pp |
| Annual return | 35.30% | 41.66%-6.4pp | 773.79%-738.5pp | 35.59%-0.3pp |
| Employer contribution / active EE | $8,395 | $2,340+258.8% | $2,912+188.3% | $2,755+204.7% |
| Participant deferral / active EE | $9,627 | $3,281+193.4% | $4,319+122.9% | $4,296+124.1% |
| Admin fee / account holder | $13,729 | $4,981+175.6% | $7,386+85.9% | $6,918+98.4% |