Filed October 14, 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 | $76,915 | $58,512+31.5% | $84,015-8.5% | $72,985+5.4% |
| Participation rate | 81.3% | 61.2%+20.0pp | 69.0%+12.2pp | 69.5%+11.8pp |
| Annual return | 22.51% | 28.93%-6.4pp | 71.31%-48.8pp | 81.00%-58.5pp |
| Employer contribution / active EE | $2,880 | $1,163+147.6% | $1,983+45.2% | $2,440+18.0% |
| Participant deferral / active EE | $6,047 | $2,394+152.6% | $3,239+86.7% | $3,607+67.6% |
| Admin fee / account holder | $1,284 | $4,569-71.9% | $6,101-79.0% | $5,124-74.9% |