Filed August 10, 2020 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $46,674 | $58,234-19.9% | $81,783-42.9% | $80,874-42.3% |
| Participation rate | 99.0% | 63.4%+35.5pp | 72.4%+26.6pp | 67.6%+31.3pp |
| Annual return | 12.46% | 41.70%-29.2pp | 775.05%-762.6pp | 35.62%-23.2pp |
| Employer contribution / active EE | $4,777 | $2,341+104.0% | $2,913+64.0% | $2,756+73.4% |
| Participant deferral / active EE | $7,129 | $3,283+117.2% | $4,320+65.0% | $4,297+65.9% |
| Admin fee / account holder | $4,414 | $4,982-11.4% | $7,380-40.2% | $6,935-36.4% |