Filed March 4, 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 | $75,617 | $109,359-30.9% | $162,163-53.4% | $72,985+3.6% |
| Participation rate | 82.4% | 84.3%-1.8pp | 87.6%-5.1pp | 69.5%+12.9pp |
| Annual return | 22.55% | 25.46%-2.9pp | 115.59%-93.0pp | 81.00%-58.5pp |
| Employer contribution / active EE | $3,432 | $3,907-12.2% | $5,614-38.9% | $2,440+40.7% |
| Participant deferral / active EE | $6,749 | $5,481+23.1% | $7,298-7.5% | $3,607+87.1% |
| Admin fee / account holder | $10,425 | $7,972+30.8% | $10,843-3.9% | $5,124+103.4% |