Filed November 11, 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 7-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 | $10,457 | $77,813-86.6% | $123,544-91.5% | $64,186-83.7% |
| Participation rate | 95.8% | 74.7%+21.1pp | 82.3%+13.5pp | 69.6%+26.3pp |
| Annual return | -10.34% | 12.48%-22.8pp | 119.20%-129.5pp | 7.63%-18.0pp |
| Employer contribution / active EE | $2,141 | $3,014-29.0% | $4,628-53.7% | $2,381-10.1% |
| Participant deferral / active EE | $4,371 | $5,240-16.6% | $6,426-32.0% | $3,470+26.0% |
| Admin fee / account holder | $1,023 | $5,519-81.5% | $9,284-89.0% | $4,888-79.1% |