Filed October 4, 2022
Total covered: 3 employees
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 | $128,891 | $102,605+25.6% | $145,661-11.5% | $84,808+52.0% |
| Participation rate | 78.8% | 74.3%+4.5pp | 77.2%+1.6pp | 68.3%+10.5pp |
| Annual return | 15.48% | 26.50%-11.0pp | 101.46%-86.0pp | 40.90%-25.4pp |
| Employer contribution / active EE | $2,582 | $3,325-22.3% | $4,238-39.1% | $2,631-1.9% |
| Participant deferral / active EE | $5,580 | $5,750-3.0% | $7,198-22.5% | $4,212+32.5% |
| Admin fee / account holder | $7,905 | $8,758-9.7% | $12,466-36.6% | $7,344+7.6% |