Filed June 17, 2021
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 4-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 | $89,968 | $159,602-43.6% | $150,045-40.0% | $142,382-36.8% |
| Participation rate | 100.0% | 84.0%+16.0pp | 82.3%+17.7pp | 80.1%+19.9pp |
| Annual return | 70.77% | 70.24%+0.5pp | 62.55%+8.2pp | 217.08%-146.3pp |
| Employer contribution / active EE | $2,348 | $4,961-52.7% | $4,693-50.0% | $4,299-45.4% |
| Participant deferral / active EE | $7,527 | $8,310-9.4% | $7,997-5.9% | $6,507+15.7% |
| Admin fee / account holder | $3,162 | $14,846-78.7% | $13,435-76.5% | $12,624-74.9% |