Filed August 25, 2022
Total covered: 4 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 | $27,307 | $75,828-64.0% | $147,614-81.5% | $59,632-54.2% |
| Participation rate | 89.1% | 71.6%+17.6pp | 84.6%+4.5pp | 68.7%+20.5pp |
| Annual return | -1.38% | 0.37%-1.8pp | 61.98%-63.4pp | 2041.28%-2042.7pp |
| Employer contribution / active EE | $1,539 | $3,485-55.8% | $5,564-72.3% | $2,203-30.1% |
| Participant deferral / active EE | $2,129 | $3,130-32.0% | $4,895-56.5% | $3,192-33.3% |
| Admin fee / account holder | $1,015 | $5,985-83.0% | $11,611-91.3% | $4,297-76.4% |