Filed November 17, 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.)
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 | $55,600 | $56,317-1.3% | $71,209-21.9% | $74,304-25.2% |
| Participation rate | 98.0% | 55.1%+42.9pp | 73.8%+24.2pp | 60.3%+37.7pp |
| Annual return | 17.13% | 42.83%-25.7pp | 282.51%-265.4pp | 29.43%-12.3pp |
| Employer contribution / active EE | $7,010 | $2,160+224.5% | $2,721+157.6% | $2,241+212.8% |
| Participant deferral / active EE | $4,863 | $2,788+74.4% | $4,175+16.5% | $3,767+29.1% |
| Admin fee / account holder | $4,404 | $2,290+92.4% | $5,349-17.7% | $2,969+48.4% |