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.)
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 | $46,488 | $109,327-57.5% | $89,391-48.0% | $158,922-70.7% |
| Participation rate | 100.0% | 74.3%+25.7pp | 68.0%+32.0pp | 82.0%+18.0pp |
| Annual return | 18.31% | 345.68%-327.4pp | 245.62%-227.3pp | 302.83%-284.5pp |
| Employer contribution / active EE | $8,111 | $3,170+155.9% | $2,586+213.7% | $4,761+70.4% |
| Participant deferral / active EE | $14,202 | $4,598+208.9% | $3,890+265.1% | $5,982+137.4% |
| Admin fee / account holder | $319 | $6,153-94.8% | $4,881-93.5% | $11,246-97.2% |