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 | $69,688 | $62,586+11.3% | $76,768-9.2% | $64,186+8.6% |
| Participation rate | 87.3% | 72.8%+14.5pp | 77.0%+10.4pp | 69.6%+17.8pp |
| Annual return | -4.92% | -1.95%-3.0pp | 2.43%-7.3pp | 7.63%-12.6pp |
| Employer contribution / active EE | $2,361 | $1,832+28.9% | $2,485-5.0% | $2,381-0.8% |
| Participant deferral / active EE | $5,493 | $3,145+74.7% | $3,852+42.6% | $3,470+58.3% |
| Admin fee / account holder | $8,629 | $4,667+84.9% | $6,675+29.3% | $4,888+76.5% |