Filed September 15, 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.)
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 | $136,908 | $89,753+52.5% | $107,525+27.3% | $84,808+61.4% |
| Participation rate | 100.0% | 68.1%+31.9pp | 75.1%+24.9pp | 68.3%+31.7pp |
| Annual return | 19.06% | 29.48%-10.4pp | 181.32%-162.3pp | 40.90%-21.8pp |
| Employer contribution / active EE | $4,564 | $3,113+46.6% | $3,754+21.6% | $2,631+73.5% |
| Participant deferral / active EE | $8,649 | $4,056+113.2% | $5,116+69.1% | $4,212+105.4% |
| Admin fee / account holder | $1,252 | $7,222-82.7% | $8,919-86.0% | $7,344-83.0% |