Filed June 29, 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.)
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 | $37,404 | $94,529-60.4% | $140,016-73.3% | $64,186-41.7% |
| Participation rate | 92.3% | 84.1%+8.2pp | 87.5%+4.8pp | 69.6%+22.7pp |
| Annual return | -8.16% | 7.77%-15.9pp | 651.12%-659.3pp | 7.63%-15.8pp |
| Employer contribution / active EE | $2,440 | $3,812-36.0% | $5,606-56.5% | $2,381+2.5% |
| Participant deferral / active EE | $4,894 | $5,250-6.8% | $6,927-29.4% | $3,470+41.1% |
| Admin fee / account holder | $854 | $6,741-87.3% | $10,705-92.0% | $4,888-82.5% |