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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $73,634 | $54,762+34.5% | $90,281-18.4% | $72,985+0.9% |
| Participation rate | 85.3% | 65.1%+20.1pp | 73.3%+12.0pp | 69.5%+15.8pp |
| Annual return | 13.61% | 30.63%-17.0pp | 78.10%-64.5pp | 81.00%-67.4pp |
| Employer contribution / active EE | $2,219 | $2,092+6.0% | $2,854-22.3% | $2,440-9.1% |
| Participant deferral / active EE | $5,454 | $2,887+88.9% | $3,885+40.4% | $3,607+51.2% |
| Admin fee / account holder | $7,653 | $3,972+92.7% | $5,351+43.0% | $5,124+49.3% |