Filed September 13, 2017 (most recent of 2 filings on file)
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $76,730 | $87,540-12.3% | $75,781+1.3% | $125,391-38.8% |
| Participation rate | 60.0% | 80.2%-20.2pp | 75.8%-15.8pp | 83.2%-23.2pp |
| Annual return | 1.58% | 13.48%-11.9pp | 9.68%-8.1pp | 282.22%-280.6pp |
| Employer contribution / active EE | $2,690 | $3,930-31.6% | $3,323-19.1% | $4,866-44.7% |
| Participant deferral / active EE | $4,374 | $4,229+3.4% | $3,651+19.8% | $5,352-18.3% |
| Admin fee / account holder | $26,628 | $6,502+309.5% | $5,299+402.5% | $9,540+179.1% |