Filed April 4, 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.)
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 | $51,388 | $83,477-38.4% | $125,175-58.9% | $72,985-29.6% |
| Participation rate | 86.4% | 73.3%+13.1pp | 79.8%+6.6pp | 69.5%+16.9pp |
| Annual return | 22.12% | 25.78%-3.7pp | 43.79%-21.7pp | 81.00%-58.9pp |
| Employer contribution / active EE | $1,309 | $2,345-44.2% | $3,865-66.1% | $2,440-46.3% |
| Participant deferral / active EE | $2,994 | $3,585-16.5% | $4,937-39.4% | $3,607-17.0% |
| Admin fee / account holder | $4,016 | $5,517-27.2% | $9,702-58.6% | $5,124-21.6% |