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 | $84,472 | $70,475+19.9% | $100,516-16.0% | $79,858+5.8% |
| Participation rate | 79.5% | 73.7%+5.8pp | 79.4%+0.1pp | 69.6%+9.9pp |
| Annual return | 20.87% | 21.90%-1.0pp | 30.89%-10.0pp | 31.71%-10.8pp |
| Employer contribution / active EE | $2,122 | $2,165-2.0% | $3,418-37.9% | $2,471-14.1% |
| Participant deferral / active EE | $3,611 | $5,181-30.3% | $6,270-42.4% | $3,740-3.4% |
| Admin fee / account holder | $2,994 | $4,478-33.1% | $8,081-62.9% | $5,306-43.6% |