Filed February 7, 2020
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 | $156,886 | $105,859+48.2% | $90,160+74.0% | $147,584+6.3% |
| Participation rate | 100.0% | 79.7%+20.3pp | 76.9%+23.1pp | 82.8%+17.2pp |
| Annual return | 12.32% | 37.63%-25.3pp | 34.88%-22.6pp | 578.55%-566.2pp |
| Employer contribution / active EE | $9,783 | $4,126+137.1% | $3,318+194.8% | $4,876+100.6% |
| Participant deferral / active EE | $12,316 | $5,733+114.8% | $5,288+132.9% | $5,439+126.5% |
| Admin fee / account holder | $26,925 | $8,046+234.6% | $5,943+353.1% | $10,885+147.4% |