Filed January 12, 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 | $118,506 | $232,540-49.0% | $185,117-36.0% | $147,584-19.7% |
| Participation rate | 88.9% | 82.4%+6.5pp | 77.3%+11.6pp | 82.8%+6.1pp |
| Annual return | 17.53% | 43.03%-25.5pp | 40.50%-23.0pp | 578.55%-561.0pp |
| Employer contribution / active EE | $3,081 | $5,195-40.7% | $4,182-26.3% | $4,876-36.8% |
| Participant deferral / active EE | $3,711 | $5,834-36.4% | $5,045-26.4% | $5,439-31.8% |
| Admin fee / account holder | $5,970 | $10,275-41.9% | $8,159-26.8% | $10,885-45.2% |