Filed February 20, 2020
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 | $45,097 | $55,449-18.7% | $83,848-46.2% | $56,287-19.9% |
| Participation rate | 71.8% | 68.0%+3.8pp | 76.1%-4.3pp | 69.9%+2.0pp |
| Annual return | -7.52% | -1.38%-6.1pp | 850.88%-858.4pp | -9.96%+2.4pp |
| Employer contribution / active EE | $913 | $2,430-62.4% | $3,631-74.9% | $2,111-56.8% |
| Participant deferral / active EE | $4,160 | $2,935+41.7% | $4,082+1.9% | $3,350+24.2% |
| Admin fee / account holder | $363 | $656-44.7% | $5,478-93.4% | $521-30.3% |