Filed July 16, 2018
Total covered: 2 employees
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 | $102,132 | $65,703+55.4% | $94,224+8.4% | $59,632+71.3% |
| Participation rate | 50.7% | 72.1%-21.4pp | 78.8%-28.0pp | 68.7%-17.9pp |
| Annual return | -1.24% | 5.22%-6.5pp | 10.68%-11.9pp | 2041.28%-2042.5pp |
| Employer contribution / active EE | $2,947 | $2,021+45.8% | $3,587-17.8% | $2,203+33.8% |
| Participant deferral / active EE | $4,494 | $3,143+43.0% | $4,320+4.0% | $3,192+40.8% |
| Admin fee / account holder | $3,998 | $4,264-6.3% | $6,269-36.2% | $4,297-7.0% |