Filed June 29, 2022 (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 | $54,396 | $73,981-26.5% | $105,722-48.5% | $62,891-13.5% |
| Participation rate | 76.9% | 71.7%+5.2pp | 78.9%-2.0pp | 69.3%+7.6pp |
| Annual return | 5.23% | 17.60%-12.4pp | 12.25%-7.0pp | 20.14%-14.9pp |
| Employer contribution / active EE | $1,381 | $2,856-51.7% | $4,079-66.2% | $2,281-39.5% |
| Participant deferral / active EE | $1,969 | $4,038-51.2% | $5,326-63.0% | $3,203-38.5% |
| Admin fee / account holder | $613 | $5,976-89.7% | $8,308-92.6% | $4,296-85.7% |