Filed May 20, 2023
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 10-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 | $59,986 | $59,107+1.5% | $86,436-30.6% | $68,494-12.4% |
| Participation rate | 87.9% | 75.2%+12.6pp | 80.3%+7.6pp | 67.9%+20.0pp |
| Annual return | -20.07% | -0.23%-19.8pp | 4394.89%-4415.0pp | -7.84%-12.2pp |
| Employer contribution / active EE | $3,607 | $2,519+43.2% | $3,769-4.3% | $2,596+38.9% |
| Participant deferral / active EE | $6,243 | $5,901+5.8% | $6,952-10.2% | $4,027+55.0% |
| Admin fee / account holder | $9,167 | $5,637+62.6% | $6,731+36.2% | $5,403+69.7% |