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 | $46,955 | $114,047-58.8% | $96,139-51.2% | $167,490-72.0% |
| Participation rate | 100.0% | 75.1%+24.9pp | 68.4%+31.6pp | 82.1%+17.9pp |
| Annual return | 17.16% | 189.88%-172.7pp | 191.94%-174.8pp | 478.56%-461.4pp |
| Employer contribution / active EE | $7,133 | $3,427+108.1% | $2,797+155.0% | $4,837+47.5% |
| Participant deferral / active EE | $11,034 | $5,194+112.5% | $4,349+153.7% | $6,341+74.0% |
| Admin fee / account holder | $7,919 | $6,897+14.8% | $5,537+43.0% | $12,309-35.7% |