Filed June 17, 2022
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 | $24,174 | $167,484-85.6% | $151,611-84.1% | $134,475-82.0% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.5%+12.5pp | 81.2%+18.8pp |
| Annual return | 16.10% | 7.80%+8.3pp | 3.33%+12.8pp | 417.96%-401.9pp |
| Employer contribution / active EE | $3,574 | $6,829-47.7% | $6,166-42.0% | $4,740-24.6% |
| Participant deferral / active EE | $7,453 | $8,986-17.1% | $8,363-10.9% | $6,400+16.5% |
| Admin fee / account holder | $17,814 | $13,783+29.3% | $11,616+53.4% | $11,426+55.9% |