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 | $32,274 | $84,233-61.7% | $170,442-81.1% | $70,131-54.0% |
| Participation rate | 92.5% | 70.8%+21.7pp | 83.6%+8.9pp | 69.5%+23.0pp |
| Annual return | 13.63% | 23.06%-9.4pp | 205.93%-192.3pp | 73.14%-59.5pp |
| Employer contribution / active EE | $1,687 | $3,387-50.2% | $5,433-68.9% | $2,342-28.0% |
| Participant deferral / active EE | $2,376 | $3,086-23.0% | $4,939-51.9% | $3,332-28.7% |
| Admin fee / account holder | $769 | $5,698-86.5% | $13,880-94.5% | $4,645-83.5% |