Filed December 8, 2020
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.)
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 | $89,670 | $60,124+49.1% | $90,404-0.8% | $79,858+12.3% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 6.02% | 71.94%-65.9pp | 1293.02%-1287.0pp | 31.71%-25.7pp |
| Employer contribution / active EE | $8,326 | $2,068+302.6% | $3,262+155.2% | $2,471+237.0% |
| Participant deferral / active EE | $4,793 | $2,938+63.1% | $3,963+20.9% | $3,740+28.2% |
| Admin fee / account holder | $755 | $3,976-81.0% | $5,611-86.5% | $5,306-85.8% |