Filed February 20, 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.
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 | $62,152 | $60,349+3.0% | $74,183-16.2% | $62,891-1.2% |
| Participation rate | 88.7% | 72.7%+16.0pp | 76.6%+12.1pp | 69.3%+19.4pp |
| Annual return | 11.46% | 21.37%-9.9pp | 17.74%-6.3pp | 20.14%-8.7pp |
| Employer contribution / active EE | $2,271 | $1,680+35.2% | $2,370-4.2% | $2,281-0.4% |
| Participant deferral / active EE | $4,732 | $2,856+65.7% | $3,550+33.3% | $3,203+47.7% |
| Admin fee / account holder | $4,452 | $4,261+4.5% | $5,586-20.3% | $4,296+3.6% |