Filed February 28, 2019 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $103,279 | $73,787+40.0% | $98,716+4.6% | $82,448+25.3% |
| Participation rate | 69.8% | 61.4%+8.4pp | 69.3%+0.5pp | 68.1%+1.7pp |
| Annual return | 19.65% | 18.57%+1.1pp | 31.81%-12.2pp | 41.64%-22.0pp |
| Employer contribution / active EE | $0 | $1,511-100.0% | $2,279-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $3,838 | $3,081+24.5% | $4,048-5.2% | $4,139-7.3% |
| Admin fee / account holder | $4,226 | $6,500-35.0% | $8,703-51.4% | $7,234-41.6% |