Filed November 26, 2016
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.)
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 | $17,291 | $80,753-78.6% | $136,294-87.3% | $62,292-72.2% |
| Participation rate | 90.7% | 73.5%+17.2pp | 81.9%+8.8pp | 69.5%+21.2pp |
| Annual return | 43.60% | 35.83%+7.8pp | 5155.94%-5112.3pp | 28.90%+14.7pp |
| Employer contribution / active EE | $1,673 | $2,884-42.0% | $4,695-64.4% | $2,042-18.1% |
| Participant deferral / active EE | $4,126 | $5,164-20.1% | $6,247-34.0% | $3,169+30.2% |
| Admin fee / account holder | $1,904 | $525+262.3% | $9,243-79.4% | $479+297.2% |