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 | $46,139 | $80,717-42.8% | $154,803-70.2% | $84,808-45.6% |
| Participation rate | 98.4% | 66.8%+31.6pp | 78.1%+20.3pp | 68.3%+30.1pp |
| Annual return | 32.38% | 37.96%-5.6pp | 58.88%-26.5pp | 40.90%-8.5pp |
| Employer contribution / active EE | $1,704 | $2,761-38.3% | $4,305-60.4% | $2,631-35.2% |
| Participant deferral / active EE | $2,494 | $3,303-24.5% | $5,540-55.0% | $4,212-40.8% |
| Admin fee / account holder | $609 | $6,746-91.0% | $14,329-95.7% | $7,344-91.7% |