Filed June 30, 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 | $80,144 | $95,193-15.8% | $76,523+4.7% | $135,375-40.8% |
| Participation rate | 100.0% | 74.4%+25.6pp | 68.0%+32.0pp | 82.6%+17.4pp |
| Annual return | 7.91% | 4.85%+3.1pp | -0.27%+8.2pp | 519.73%-511.8pp |
| Employer contribution / active EE | $1,742 | $3,302-47.3% | $2,647-34.2% | $4,779-63.6% |
| Participant deferral / active EE | $4,696 | $4,639+1.2% | $3,835+22.4% | $5,609-16.3% |
| Admin fee / account holder | $2,004 | $6,249-67.9% | $4,848-58.7% | $10,827-81.5% |