Filed August 6, 2020
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 9-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 | $33,665 | $95,193-64.6% | $76,523-56.0% | $135,375-75.1% |
| Participation rate | 80.0% | 74.4%+5.6pp | 68.0%+12.0pp | 82.6%-2.6pp |
| Annual return | -15.55% | 4.85%-20.4pp | -0.27%-15.3pp | 519.73%-535.3pp |
| Employer contribution / active EE | $3,120 | $3,302-5.5% | $2,647+17.9% | $4,779-34.7% |
| Participant deferral / active EE | $7,061 | $4,639+52.2% | $3,835+84.1% | $5,609+25.9% |
| Admin fee / account holder | $2,157 | $6,249-65.5% | $4,848-55.5% | $10,827-80.1% |