Filed February 14, 2022
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 8-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,781 | $89,355-85.7% | $141,162-90.9% | $72,985-82.5% |
| Participation rate | 97.2% | 75.1%+22.1pp | 82.5%+14.8pp | 69.5%+27.7pp |
| Annual return | 65.57% | 111.85%-46.3pp | 71.39%-5.8pp | 81.00%-15.4pp |
| Employer contribution / active EE | $2,551 | $3,114-18.1% | $4,735-46.1% | $2,440+4.6% |
| Participant deferral / active EE | $3,889 | $5,418-28.2% | $6,709-42.0% | $3,607+7.8% |
| Admin fee / account holder | $2,402 | $5,958-59.7% | $10,261-76.6% | $5,124-53.1% |