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.)
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 | $173,891 | $109,881+58.3% | $150,045+15.9% | $84,808+105.0% |
| Participation rate | 93.0% | 76.1%+16.9pp | 82.3%+10.6pp | 68.3%+24.6pp |
| Annual return | 13.83% | 28.25%-14.4pp | 62.55%-48.7pp | 40.90%-27.1pp |
| Employer contribution / active EE | $4,370 | $3,561+22.7% | $4,693-6.9% | $2,631+66.1% |
| Participant deferral / active EE | $10,176 | $6,636+53.3% | $7,997+27.2% | $4,212+141.6% |
| Admin fee / account holder | $5,785 | $8,568-32.5% | $13,435-56.9% | $7,344-21.2% |