Filed October 11, 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 | $56,667 | $105,181-46.1% | $159,436-64.5% | $85,850-34.0% |
| Participation rate | 93.4% | 75.8%+17.6pp | 82.8%+10.6pp | 69.3%+24.1pp |
| Annual return | 13.51% | 45.07%-31.6pp | 263.57%-250.1pp | 318.53%-305.0pp |
| Employer contribution / active EE | $7,858 | $3,318+136.8% | $4,829+62.7% | $2,565+206.4% |
| Participant deferral / active EE | $8,094 | $5,945+36.2% | $7,352+10.1% | $3,952+104.8% |
| Admin fee / account holder | $2,027 | $6,933-70.8% | $10,799-81.2% | $6,260-67.6% |