Filed March 9, 2016 (most recent of 3 filings on file)
Total covered: 2 employees
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 3-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,029 | $106,749-88.7% | $145,433-91.7% | $82,448-85.4% |
| Participation rate | 76.7% | 75.6%+1.0pp | 82.1%-5.5pp | 68.1%+8.6pp |
| Annual return | 29.26% | 27.59%+1.7pp | 66.58%-37.3pp | 41.64%-12.4pp |
| Employer contribution / active EE | $1,130 | $3,444-67.2% | $4,554-75.2% | $2,551-55.7% |
| Participant deferral / active EE | $2,398 | $6,519-63.2% | $7,897-69.6% | $4,139-42.1% |
| Admin fee / account holder | $894 | $8,390-89.3% | $13,129-93.2% | $7,234-87.6% |