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 | $22,513 | $93,024-75.8% | $77,024-70.8% | $134,475-83.3% |
| Participation rate | 100.0% | 74.5%+25.5pp | 67.9%+32.1pp | 81.2%+18.8pp |
| Annual return | -20.90% | 62.60%-83.5pp | 42.32%-63.2pp | 417.96%-438.9pp |
| Employer contribution / active EE | $3,235 | $3,418-5.4% | $2,812+15.0% | $4,740-31.8% |
| Participant deferral / active EE | $5,969 | $5,238+14.0% | $4,426+34.9% | $6,400-6.7% |
| Admin fee / account holder | $1,328 | $6,944-80.9% | $5,425-75.5% | $11,426-88.4% |