Filed November 12, 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).
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $343,485 | $157,256+118.4% | $141,162+143.3% | $152,861+124.7% |
| Participation rate | 100.0% | 84.8%+15.2pp | 82.5%+17.5pp | 82.4%+17.6pp |
| Annual return | 7.49% | 64.32%-56.8pp | 71.39%-63.9pp | 345.32%-337.8pp |
| Employer contribution / active EE | $11,339 | $5,261+115.5% | $4,735+139.5% | $4,762+138.1% |
| Participant deferral / active EE | $5,429 | $7,109-23.6% | $6,709-19.1% | $5,850-7.2% |
| Admin fee / account holder | $5,062 | $12,120-58.2% | $10,261-50.7% | $11,596-56.3% |