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.)
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 | $80,388 | $63,355+26.9% | $91,989-12.6% | $72,985+10.1% |
| Participation rate | 75.0% | 72.5%+2.5pp | 78.6%-3.6pp | 69.5%+5.5pp |
| Annual return | 16.83% | 35.35%-18.5pp | 69.02%-52.2pp | 81.00%-64.2pp |
| Employer contribution / active EE | $2,282 | $2,116+7.9% | $3,452-33.9% | $2,440-6.5% |
| Participant deferral / active EE | $3,768 | $4,883-22.8% | $5,923-36.4% | $3,607+4.4% |
| Admin fee / account holder | $17,508 | $4,668+275.1% | $7,743+126.1% | $5,124+241.7% |