Filed November 18, 2020 (most recent of 2 filings on file)
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.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,428 | $45,073+29.6% | $69,455-15.9% | $72,985-19.9% |
| Participation rate | 99.0% | 68.5%+30.5pp | 74.6%+24.3pp | 69.5%+29.5pp |
| Annual return | 11.55% | 22.65%-11.1pp | 28.97%-17.4pp | 81.00%-69.5pp |
| Employer contribution / active EE | $3,669 | $2,054+78.6% | $2,779+32.0% | $2,440+50.4% |
| Participant deferral / active EE | $3,543 | $2,602+36.2% | $3,535+0.2% | $3,607-1.8% |
| Admin fee / account holder | $382 | $3,056-87.5% | $3,839-90.0% | $5,124-92.5% |