Filed October 29, 2017
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 | $73,011 | $125,758-41.9% | $169,993-57.1% | $75,163-2.9% |
| Participation rate | 96.6% | 83.6%+13.0pp | 87.0%+9.6pp | 67.2%+29.4pp |
| Annual return | 17.32% | 27.20%-9.9pp | 53.37%-36.1pp | 160.62%-143.3pp |
| Employer contribution / active EE | $2,943 | $4,615-36.2% | $6,785-56.6% | $2,670+10.2% |
| Participant deferral / active EE | $4,664 | $6,837-31.8% | $10,408-55.2% | $4,125+13.1% |
| Admin fee / account holder | $2,544 | $8,173-68.9% | $12,815-80.1% | $5,651-55.0% |