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 4-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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $95,026 | $45,863+107.2% | $77,024+23.4% | $68,494+38.7% |
| Participation rate | 91.8% | 55.9%+35.9pp | 67.9%+23.9pp | 67.9%+23.9pp |
| Annual return | -35.59% | 1.72%-37.3pp | 42.32%-77.9pp | -7.84%-27.7pp |
| Employer contribution / active EE | $16,377 | $1,650+892.8% | $2,812+482.4% | $2,596+530.8% |
| Participant deferral / active EE | $0 | $2,962-100.0% | $4,426-100.0% | $4,027-100.0% |
| Admin fee / account holder | $2,176 | $3,041-28.4% | $5,425-59.9% | $5,403-59.7% |