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 | $53,516-59.8% | $126,539-83.0% | $84,808-74.6% |
| Participation rate | 84.8% | 58.2%+26.5pp | 69.8%+15.0pp | 68.3%+16.5pp |
| Annual return | 18.28% | 58.34%-40.1pp | 425.95%-407.7pp | 40.90%-22.6pp |
| Employer contribution / active EE | $1,897 | $1,535+23.6% | $3,674-48.4% | $2,631-27.9% |
| Participant deferral / active EE | $2,896 | $2,671+8.4% | $4,083-29.1% | $4,212-31.2% |
| Admin fee / account holder | $1,750 | $4,497-61.1% | $6,065-71.2% | $7,344-76.2% |