Filed December 7, 2020 (most recent of 2 filings on file)
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $75,907 | $63,355+19.8% | $91,989-17.5% | $72,985+4.0% |
| Participation rate | 96.2% | 72.5%+23.6pp | 78.6%+17.5pp | 69.5%+26.7pp |
| Annual return | 9.97% | 35.35%-25.4pp | 69.02%-59.1pp | 81.00%-71.0pp |
| Employer contribution / active EE | $3,836 | $2,116+81.3% | $3,452+11.1% | $2,440+57.2% |
| Participant deferral / active EE | $7,902 | $4,883+61.8% | $5,923+33.4% | $3,607+119.0% |
| Admin fee / account holder | $8,283 | $4,668+77.4% | $7,743+7.0% | $5,124+61.6% |