Filed June 10, 2021 (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 5-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $27,267 | $130,194-79.1% | $169,993-84.0% | $71,457-61.8% |
| Participation rate | 74.3% | 86.1%-11.9pp | 87.0%-12.7pp | 67.9%+6.3pp |
| Annual return | 17.35% | 20.37%-3.0pp | 53.37%-36.0pp | 28.85%-11.5pp |
| Employer contribution / active EE | $1,201 | $4,381-72.6% | $6,785-82.3% | $2,588-53.6% |
| Participant deferral / active EE | $3,367 | $6,923-51.4% | $10,408-67.7% | $4,289-21.5% |
| Admin fee / account holder | $1,128 | $966+16.8% | $12,815-91.2% | $1,587-28.9% |