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 | $46,884 | $91,552-48.8% | $133,956-65.0% | $79,858-41.3% |
| Participation rate | 77.6% | 73.3%+4.2pp | 79.8%-2.3pp | 69.6%+7.9pp |
| Annual return | 15.20% | 61.85%-46.6pp | 45.09%-29.9pp | 31.71%-16.5pp |
| Employer contribution / active EE | $1,871 | $2,384-21.5% | $3,919-52.3% | $2,471-24.3% |
| Participant deferral / active EE | $3,358 | $3,733-10.0% | $5,048-33.5% | $3,740-10.2% |
| Admin fee / account holder | $10,723 | $6,321+69.6% | $8,927+20.1% | $5,306+102.1% |