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 | $37,180 | $96,305-61.4% | $80,569-53.9% | $139,434-73.3% |
| Participation rate | 100.0% | 73.6%+26.4pp | 67.0%+33.0pp | 80.3%+19.7pp |
| Annual return | 24.56% | 1350.08%-1325.5pp | 935.43%-910.9pp | 372.94%-348.4pp |
| Employer contribution / active EE | $6,455 | $3,262+97.9% | $2,723+137.0% | $4,751+35.9% |
| Participant deferral / active EE | $9,822 | $5,232+87.7% | $4,447+120.8% | $6,710+46.4% |
| Admin fee / account holder | $2,316 | $6,599-64.9% | $5,377-56.9% | $11,403-79.7% |