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 | $33,259 | $85,202-61.0% | $172,739-80.7% | $72,985-54.4% |
| Participation rate | 94.9% | 70.1%+24.8pp | 82.6%+12.2pp | 69.5%+25.4pp |
| Annual return | 21.93% | 27.32%-5.4pp | 802.84%-780.9pp | 81.00%-59.1pp |
| Employer contribution / active EE | $1,893 | $3,324-43.1% | $5,143-63.2% | $2,440-22.4% |
| Participant deferral / active EE | $2,975 | $3,260-8.7% | $5,198-42.8% | $3,607-17.5% |
| Admin fee / account holder | $1,463 | $5,884-75.1% | $13,954-89.5% | $5,124-71.5% |