Filed August 24, 2020 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $67,715 | $51,638+31.1% | $68,368-1.0% | $82,448-17.9% |
| Participation rate | 97.6% | 63.6%+34.0pp | 73.8%+23.9pp | 68.1%+29.6pp |
| Annual return | 36.42% | 37.53%-1.1pp | 292.57%-256.2pp | 41.64%-5.2pp |
| Employer contribution / active EE | $5,975 | $2,047+192.0% | $2,649+125.6% | $2,551+134.2% |
| Participant deferral / active EE | $6,041 | $2,914+107.3% | $4,123+46.5% | $4,139+45.9% |
| Admin fee / account holder | $2,693 | $4,643-42.0% | $5,150-47.7% | $7,234-62.8% |