Filed October 20, 2020
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 7-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 | $65,243 | $106,515-38.7% | $96,683-32.5% | $139,434-53.2% |
| Participation rate | 70.0% | 77.8%-7.8pp | 74.3%-4.3pp | 80.3%-10.3pp |
| Annual return | 60.48% | 38.43%+22.1pp | 35.69%+24.8pp | 372.94%-312.5pp |
| Employer contribution / active EE | $2,790 | $4,103-32.0% | $3,737-25.3% | $4,751-41.3% |
| Participant deferral / active EE | $7,003 | $5,454+28.4% | $4,878+43.6% | $6,710+4.4% |
| Admin fee / account holder | $904 | $7,877-88.5% | $6,730-86.6% | $11,403-92.1% |