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.)
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 | $109,778 | $65,409+67.8% | $98,442+11.5% | $85,850+27.9% |
| Participation rate | 100.0% | 65.0%+35.0pp | 73.3%+26.7pp | 69.3%+30.7pp |
| Annual return | 34.45% | 21.76%+12.7pp | 1492.73%-1458.3pp | 318.53%-284.1pp |
| Employer contribution / active EE | $7,845 | $2,168+261.9% | $2,960+165.1% | $2,565+205.8% |
| Participant deferral / active EE | $4,372 | $3,166+38.1% | $4,276+2.2% | $3,952+10.6% |
| Admin fee / account holder | $2,459 | $4,593-46.4% | $5,949-58.7% | $6,260-60.7% |