Filed May 10, 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 | $86,604 | $180,749-52.1% | $160,784-46.1% | $137,256-36.9% |
| Participation rate | 100.0% | 80.0%+20.0pp | 77.0%+23.0pp | 80.0%+20.0pp |
| Annual return | 23.10% | 2234.46%-2211.4pp | 1803.92%-1780.8pp | 220.34%-197.2pp |
| Employer contribution / active EE | $12,326 | $4,155+196.6% | $3,733+230.2% | $4,156+196.6% |
| Participant deferral / active EE | $31,190 | $6,844+355.7% | $6,293+395.6% | $6,407+386.8% |
| Admin fee / account holder | $32,289 | $10,397+210.6% | $9,717+232.3% | $12,270+163.2% |