Filed March 12, 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 | $234,231 | $227,553+2.9% | $189,557+23.6% | $167,490+39.8% |
| Participation rate | 100.0% | 82.5%+17.5pp | 78.4%+21.6pp | 82.1%+17.9pp |
| Annual return | 10.10% | 78.40%-68.3pp | 64.17%-54.1pp | 478.56%-468.5pp |
| Employer contribution / active EE | $3,911 | $5,316-26.4% | $4,412-11.4% | $4,837-19.2% |
| Participant deferral / active EE | $7,104 | $7,002+1.5% | $6,174+15.1% | $6,341+12.0% |
| Admin fee / account holder | $4,648 | $11,878-60.9% | $9,807-52.6% | $12,309-62.2% |