Filed June 8, 2018
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.
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 | $17,182 | $95,416-82.0% | $185,823-90.8% | $85,850-80.0% |
| Participation rate | 85.2% | 68.8%+16.4pp | 81.7%+3.5pp | 69.3%+15.9pp |
| Annual return | 30.48% | 23.59%+6.9pp | 122.05%-91.6pp | 318.53%-288.1pp |
| Employer contribution / active EE | $990 | $3,314-70.1% | $5,167-80.8% | $2,565-61.4% |
| Participant deferral / active EE | $1,825 | $3,423-46.7% | $5,568-67.2% | $3,952-53.8% |
| Admin fee / account holder | $648 | $7,213-91.0% | $16,237-96.0% | $6,260-89.6% |