Filed March 12, 2021
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 | $33,286 | $102,966-67.7% | $90,281-63.1% | $152,861-78.2% |
| Participation rate | 90.9% | 75.9%+15.0pp | 73.3%+17.6pp | 82.4%+8.5pp |
| Annual return | 29.60% | 95.16%-65.6pp | 78.10%-48.5pp | 345.32%-315.7pp |
| Employer contribution / active EE | $2,320 | $3,139-26.1% | $2,854-18.7% | $4,762-51.3% |
| Participant deferral / active EE | $10,054 | $4,281+134.8% | $3,885+158.8% | $5,850+71.9% |
| Admin fee / account holder | $1,603 | $6,171-74.0% | $5,351-70.0% | $11,596-86.2% |