Filed February 28, 2019 (most recent of 2 filings on file)
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.
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 | $74,927+37.8% | $101,794+1.5% | $84,808+21.8% |
| Participation rate | 69.8% | 61.4%+8.4pp | 69.2%+0.6pp | 68.3%+1.5pp |
| Annual return | 19.65% | 18.70%+1.0pp | 30.53%-10.9pp | 40.90%-21.2pp |
| Employer contribution / active EE | $0 | $1,522-100.0% | $2,289-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $3,838 | $3,099+23.8% | $4,084-6.0% | $4,212-8.9% |
| Admin fee / account holder | $4,226 | $6,514-35.1% | $8,777-51.8% | $7,344-42.5% |