Filed February 22, 2018
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 | $68,117 | $56,897+19.7% | $84,750-19.6% | $62,891+8.3% |
| Participation rate | 70.4% | 68.5%+1.8pp | 76.6%-6.2pp | 69.3%+1.1pp |
| Annual return | 6.64% | 6.30%+0.3pp | 22.78%-16.1pp | 20.14%-13.5pp |
| Employer contribution / active EE | $1,504 | $2,400-37.3% | $3,574-57.9% | $2,281-34.1% |
| Participant deferral / active EE | $2,757 | $2,709+1.8% | $3,712-25.7% | $3,203-13.9% |
| Admin fee / account holder | $2,329 | $3,581-35.0% | $5,332-56.3% | $4,296-45.8% |