Filed March 31, 2023 (most recent of 2 filings on file)
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.)
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 | $83,830 | $58,577+43.1% | $83,333+0.6% | $64,186+30.6% |
| Participation rate | 86.7% | 72.0%+14.6pp | 77.8%+8.9pp | 69.6%+17.1pp |
| Annual return | -3.77% | 9.65%-13.4pp | 10.63%-14.4pp | 7.63%-11.4pp |
| Employer contribution / active EE | $2,275 | $2,098+8.4% | $3,379-32.7% | $2,381-4.5% |
| Participant deferral / active EE | $3,566 | $4,654-23.4% | $5,565-35.9% | $3,470+2.8% |
| Admin fee / account holder | $21,248 | $9,275+129.1% | $7,510+182.9% | $4,888+334.7% |