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 | $90,429 | $109,817-17.7% | $98,442-8.1% | $167,490-46.0% |
| Participation rate | 90.9% | 75.8%+15.1pp | 73.3%+17.6pp | 82.1%+8.8pp |
| Annual return | 45.74% | 1956.69%-1911.0pp | 1492.73%-1447.0pp | 478.56%-432.8pp |
| Employer contribution / active EE | $16,352 | $3,224+407.2% | $2,960+452.5% | $4,837+238.0% |
| Participant deferral / active EE | $14,419 | $4,673+208.6% | $4,276+237.2% | $6,341+127.4% |
| Admin fee / account holder | $3,321 | $6,753-50.8% | $5,949-44.2% | $12,309-73.0% |