Filed December 4, 2018
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 | $90,715 | $94,625-4.1% | $116,228-22.0% | $84,808+7.0% |
| Participation rate | 27.2% | 70.4%-43.3pp | 74.6%-47.4pp | 68.3%-41.2pp |
| Annual return | 17.97% | 20.40%-2.4pp | 90.06%-72.1pp | 40.90%-22.9pp |
| Employer contribution / active EE | $1,302 | $2,347-44.5% | $2,994-56.5% | $2,631-50.5% |
| Participant deferral / active EE | $3,414 | $3,972-14.0% | $4,953-31.1% | $4,212-18.9% |
| Admin fee / account holder | $3,483 | $10,091-65.5% | $11,989-70.9% | $7,344-52.6% |