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 | $104,205 | $49,922+108.7% | $80,569+29.3% | $75,163+38.6% |
| Participation rate | 96.0% | 55.3%+40.7pp | 67.0%+29.0pp | 67.2%+28.8pp |
| Annual return | 4.97% | 34.69%-29.7pp | 935.43%-930.5pp | 160.62%-155.6pp |
| Employer contribution / active EE | $18,687 | $1,698+1000.4% | $2,723+586.1% | $2,670+599.9% |
| Participant deferral / active EE | $0 | $2,990-100.0% | $4,447-100.0% | $4,125-100.0% |
| Admin fee / account holder | $2,653 | $3,577-25.8% | $5,377-50.7% | $5,651-53.1% |