Filed November 7, 2019
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 | $145,921 | $102,317+42.6% | $146,958-0.7% | $80,856+80.5% |
| Participation rate | 95.5% | 75.8%+19.6pp | 82.2%+13.3pp | 67.6%+27.8pp |
| Annual return | 17.39% | 134.76%-117.4pp | 418.34%-400.9pp | 35.59%-18.2pp |
| Employer contribution / active EE | $5,157 | $3,713+38.9% | $4,933+4.5% | $2,755+87.2% |
| Participant deferral / active EE | $10,508 | $6,644+58.2% | $8,070+30.2% | $4,296+144.6% |
| Admin fee / account holder | $3,056 | $7,941-61.5% | $12,998-76.5% | $6,918-55.8% |