Filed March 15, 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 | $152,805 | $183,519-16.7% | $155,509-1.7% | $145,922+4.7% |
| Participation rate | 100.0% | 82.7%+17.3pp | 78.2%+21.8pp | 80.3%+19.7pp |
| Annual return | 8.84% | 61.17%-52.3pp | 64.67%-55.8pp | 561.29%-552.5pp |
| Employer contribution / active EE | $4,719 | $5,313-11.2% | $4,672+1.0% | $4,660+1.3% |
| Participant deferral / active EE | $5,028 | $6,462-22.2% | $5,626-10.6% | $6,688-24.8% |
| Admin fee / account holder | $18,590 | $19,313-3.7% | $15,912+16.8% | $13,397+38.8% |