Filed May 27, 2015
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.
Employer 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.)
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 | $112,990 | $99,985+13.0% | $146,665-23.0% | $85,850+31.6% |
| Participation rate | 82.9% | 73.1%+9.8pp | 80.1%+2.8pp | 69.3%+13.5pp |
| Annual return | 42.06% | 18.93%+23.1pp | 22.74%+19.3pp | 318.53%-276.5pp |
| Employer contribution / active EE | $461 | $2,559-82.0% | $4,136-88.9% | $2,565-82.0% |
| Participant deferral / active EE | $3,844 | $4,006-4.0% | $5,506-30.2% | $3,952-2.7% |
| Admin fee / account holder | $4,215 | $7,702-45.3% | $10,280-59.0% | $6,260-32.7% |