Filed December 9, 2019
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $19,149 | $127,386-85.0% | $115,037-83.4% | $125,391-84.7% |
| Participation rate | 100.0% | 84.2%+15.8pp | 81.4%+18.6pp | 83.2%+16.8pp |
| Annual return | -5.30% | 31.28%-36.6pp | 26.14%-31.4pp | 282.22%-287.5pp |
| Employer contribution / active EE | $12,009 | $5,166+132.5% | $4,608+160.6% | $4,866+146.8% |
| Participant deferral / active EE | $6,644 | $6,423+3.4% | $6,026+10.2% | $5,352+24.2% |
| Admin fee / account holder | $1,676 | $9,516-82.4% | $8,175-79.5% | $9,540-82.4% |