Filed September 7, 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.
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 | $71,851 | $48,076+49.5% | $78,689-8.7% | $62,891+14.2% |
| Participation rate | 84.0% | 65.2%+18.8pp | 73.6%+10.4pp | 69.3%+14.7pp |
| Annual return | 19.14% | 31.35%-12.2pp | 62.18%-43.0pp | 20.14%-1.0pp |
| Employer contribution / active EE | $1,854 | $2,015-8.0% | $2,851-34.9% | $2,281-18.7% |
| Participant deferral / active EE | $4,738 | $2,588+83.1% | $3,517+34.7% | $3,203+47.9% |
| Admin fee / account holder | $23,029 | $3,207+618.0% | $4,510+410.6% | $4,296+436.1% |