Filed June 22, 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.
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 | $175,090 | $91,190+92.0% | $178,490-1.9% | $79,858+119.3% |
| Participation rate | 75.0% | 69.2%+5.8pp | 81.9%-6.9pp | 69.6%+5.4pp |
| Annual return | 21.88% | 24.19%-2.3pp | 151.07%-129.2pp | 31.71%-9.8pp |
| Employer contribution / active EE | $1,678 | $3,256-48.5% | $5,011-66.5% | $2,471-32.1% |
| Participant deferral / active EE | $5,243 | $3,236+62.0% | $5,202+0.8% | $3,740+40.2% |
| Admin fee / account holder | $2,706 | $6,751-59.9% | $13,984-80.6% | $5,306-49.0% |