Filed February 28, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $40,590 | $109,359-62.9% | $162,163-75.0% | $72,985-44.4% |
| Participation rate | 84.2% | 84.3%0pp | 87.6%-3.3pp | 69.5%+14.7pp |
| Annual return | 17.24% | 25.46%-8.2pp | 115.59%-98.4pp | 81.00%-63.8pp |
| Employer contribution / active EE | $4,455 | $3,907+14.0% | $5,614-20.6% | $2,440+82.6% |
| Participant deferral / active EE | $3,482 | $5,481-36.5% | $7,298-52.3% | $3,607-3.5% |
| Admin fee / account holder | $2,073 | $7,972-74.0% | $10,843-80.9% | $5,124-59.5% |