Filed December 2, 2021
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 | $70,593 | $67,606+4.4% | $82,313-14.2% | $70,131+0.7% |
| Participation rate | 89.1% | 72.8%+16.3pp | 76.9%+12.2pp | 69.5%+19.5pp |
| Annual return | 11.02% | 21.57%-10.5pp | 25.88%-14.9pp | 73.14%-62.1pp |
| Employer contribution / active EE | $3,742 | $1,755+113.2% | $2,428+54.1% | $2,342+59.7% |
| Participant deferral / active EE | $8,250 | $2,987+176.2% | $3,706+122.6% | $3,332+147.6% |
| Admin fee / account holder | $10,246 | $4,512+127.1% | $5,608+82.7% | $4,645+120.6% |