Filed July 5, 2019
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 5-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 | $23,662 | $77,314-69.4% | $177,989-86.7% | $80,856-70.7% |
| Participation rate | 96.9% | 65.7%+31.2pp | 77.1%+19.8pp | 67.6%+29.2pp |
| Annual return | 17.26% | 18.09%-0.8pp | 294.48%-277.2pp | 35.59%-18.3pp |
| Employer contribution / active EE | $3,443 | $2,292+50.2% | $3,949-12.8% | $2,755+25.0% |
| Participant deferral / active EE | $2,494 | $4,411-43.5% | $6,276-60.3% | $4,296-41.9% |
| Admin fee / account holder | $422 | $7,191-94.1% | $10,363-95.9% | $6,918-93.9% |