Filed May 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 | $76,743 | $81,248-5.5% | $155,509-50.7% | $80,856-5.1% |
| Participation rate | 66.7% | 66.2%+0.4pp | 78.2%-11.5pp | 67.6%-1.0pp |
| Annual return | 17.43% | 33.31%-15.9pp | 64.67%-47.2pp | 35.59%-18.2pp |
| Employer contribution / active EE | $2,262 | $3,100-27.0% | $4,672-51.6% | $2,755-17.9% |
| Participant deferral / active EE | $6,848 | $3,452+98.4% | $5,626+21.7% | $4,296+59.4% |
| Admin fee / account holder | $1,601 | $7,997-80.0% | $15,912-89.9% | $6,918-76.9% |