Filed October 14, 2021
Total covered: 2 employees
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 | $21,529 | $52,353-58.9% | $120,225-82.1% | $82,448-73.9% |
| Participation rate | 84.8% | 58.3%+26.5pp | 69.6%+15.2pp | 68.1%+16.7pp |
| Annual return | 18.28% | 61.85%-43.6pp | 439.23%-420.9pp | 41.64%-23.4pp |
| Employer contribution / active EE | $1,897 | $1,510+25.6% | $3,475-45.4% | $2,551-25.7% |
| Participant deferral / active EE | $2,896 | $2,627+10.2% | $3,999-27.6% | $4,139-30.0% |
| Admin fee / account holder | $1,750 | $4,363-59.9% | $5,696-69.3% | $7,234-75.8% |