Filed September 8, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $13,968 | $77,899-82.1% | $149,673-90.7% | $75,163-81.4% |
| Participation rate | 95.6% | 65.6%+30.0pp | 78.8%+16.8pp | 67.2%+28.4pp |
| Annual return | 9.50% | 31.72%-22.2pp | 134.42%-124.9pp | 160.62%-151.1pp |
| Employer contribution / active EE | $2,222 | $3,137-29.2% | $4,818-53.9% | $2,670-16.8% |
| Participant deferral / active EE | $666 | $3,411-80.5% | $5,680-88.3% | $4,125-83.9% |
| Admin fee / account holder | $1,057 | $5,956-82.3% | $13,210-92.0% | $5,651-81.3% |