Filed April 18, 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 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 | $34,414 | $73,933-53.5% | $96,683-64.4% | $75,163-54.2% |
| Participation rate | 86.4% | 66.4%+19.9pp | 74.3%+12.0pp | 67.2%+19.2pp |
| Annual return | 25.39% | 26.70%-1.3pp | 35.69%-10.3pp | 160.62%-135.2pp |
| Employer contribution / active EE | $2,286 | $2,928-21.9% | $3,737-38.8% | $2,670-14.4% |
| Participant deferral / active EE | $4,720 | $3,659+29.0% | $4,878-3.2% | $4,125+14.4% |
| Admin fee / account holder | $1,645 | $5,216-68.5% | $6,730-75.6% | $5,651-70.9% |