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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $44,846 | $65,561-31.6% | $86,188-48.0% | $75,163-40.3% |
| Participation rate | 76.2% | 60.5%+15.7pp | 69.0%+7.2pp | 67.2%+9.0pp |
| Annual return | 19.60% | 46.05%-26.5pp | 1168.45%-1148.8pp | 160.62%-141.0pp |
| Employer contribution / active EE | $59 | $1,553-96.2% | $2,380-97.5% | $2,670-97.8% |
| Participant deferral / active EE | $5,357 | $3,024+77.2% | $3,985+34.4% | $4,125+29.9% |
| Admin fee / account holder | $2,086 | $5,474-61.9% | $6,852-69.5% | $5,651-63.1% |