Filed May 25, 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 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 | $173,215 | $89,753+93.0% | $107,525+61.1% | $84,808+104.2% |
| Participation rate | 84.4% | 68.1%+16.3pp | 75.1%+9.3pp | 68.3%+16.1pp |
| Annual return | 15.65% | 29.48%-13.8pp | 181.32%-165.7pp | 40.90%-25.2pp |
| Employer contribution / active EE | $3,751 | $3,113+20.5% | $3,754-0.1% | $2,631+42.6% |
| Participant deferral / active EE | $9,486 | $4,056+133.9% | $5,116+85.4% | $4,212+125.2% |
| Admin fee / account holder | $34,900 | $7,222+383.2% | $8,919+291.3% | $7,344+375.2% |