Filed April 22, 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 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 | $35,619 | $62,586-43.1% | $76,768-53.6% | $64,186-44.5% |
| Participation rate | 82.4% | 72.8%+9.6pp | 77.0%+5.5pp | 69.6%+12.9pp |
| Annual return | -5.23% | -1.95%-3.3pp | 2.43%-7.7pp | 7.63%-12.9pp |
| Employer contribution / active EE | $2,523 | $1,832+37.7% | $2,485+1.5% | $2,381+6.0% |
| Participant deferral / active EE | $2,848 | $3,145-9.4% | $3,852-26.1% | $3,470-17.9% |
| Admin fee / account holder | $2,733 | $4,667-41.4% | $6,675-59.1% | $4,888-44.1% |