Filed July 2, 2020 (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 | $33,936 | $72,177-53.0% | $115,037-70.5% | $59,632-43.1% |
| Participation rate | 100.0% | 72.6%+27.4pp | 81.4%+18.6pp | 68.7%+31.3pp |
| Annual return | 7.68% | 12.02%-4.3pp | 26.14%-18.5pp | 2041.28%-2033.6pp |
| Employer contribution / active EE | $4,282 | $2,841+50.7% | $4,608-7.1% | $2,203+94.4% |
| Participant deferral / active EE | $8,826 | $4,783+84.5% | $6,026+46.5% | $3,192+176.5% |
| Admin fee / account holder | $4,552 | $4,927-7.6% | $8,175-44.3% | $4,297+5.9% |