Filed December 9, 2014
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 | $37,938 | $49,177-22.9% | $79,464-52.3% | $64,186-40.9% |
| Participation rate | 81.5% | 65.0%+16.5pp | 73.3%+8.1pp | 69.6%+11.9pp |
| Annual return | -6.63% | -1.16%-5.5pp | 718.14%-724.8pp | 7.63%-14.3pp |
| Employer contribution / active EE | $1,861 | $2,076-10.4% | $2,800-33.5% | $2,381-21.8% |
| Participant deferral / active EE | $5,043 | $2,821+78.7% | $3,704+36.2% | $3,470+45.3% |
| Admin fee / account holder | $2,601 | $3,839-32.2% | $5,113-49.1% | $4,888-46.8% |