Filed March 29, 2016
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 8-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 | $20,213 | $77,813-74.0% | $123,544-83.6% | $64,186-68.5% |
| Participation rate | 78.7% | 74.7%+4.0pp | 82.3%-3.6pp | 69.6%+9.1pp |
| Annual return | 0.00% | 12.48%-12.5pp | 119.20%-119.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,963 | $3,014-34.9% | $4,628-57.6% | $2,381-17.5% |
| Participant deferral / active EE | $3,960 | $5,240-24.4% | $6,426-38.4% | $3,470+14.1% |
| Admin fee / account holder | $1,146 | $5,519-79.2% | $9,284-87.7% | $4,888-76.6% |