Filed November 14, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $42,235 | $52,836-20.1% | $105,738-60.1% | $64,186-34.2% |
| Participation rate | 76.5% | 66.5%+9.9pp | 76.3%+0.1pp | 69.6%+6.9pp |
| Annual return | -7.86% | 14.30%-22.2pp | 6.27%-14.1pp | 7.63%-15.5pp |
| Employer contribution / active EE | $1,407 | $1,827-23.0% | $3,268-57.0% | $2,381-40.9% |
| Participant deferral / active EE | $1,692 | $2,545-33.5% | $4,080-58.5% | $3,470-51.2% |
| Admin fee / account holder | $1,547 | $3,959-60.9% | $6,913-77.6% | $4,888-68.3% |