Filed December 16, 2019
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 | $60,445 | $58,828+2.7% | $77,999-22.5% | $62,891-3.9% |
| Participation rate | 95.9% | 71.1%+24.9pp | 75.5%+20.4pp | 69.3%+26.6pp |
| Annual return | 10.80% | 17.16%-6.4pp | 425.96%-415.2pp | 20.14%-9.3pp |
| Employer contribution / active EE | $3,583 | $1,672+114.3% | $2,470+45.1% | $2,281+57.1% |
| Participant deferral / active EE | $4,074 | $2,686+51.7% | $3,497+16.5% | $3,203+27.2% |
| Admin fee / account holder | $2,611 | $4,393-40.6% | $5,480-52.4% | $4,296-39.2% |