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 | $80,811 | $56,897+42.0% | $84,750-4.6% | $62,891+28.5% |
| Participation rate | 64.3% | 68.5%-4.3pp | 76.6%-12.3pp | 69.3%-5.0pp |
| Annual return | 14.24% | 6.30%+7.9pp | 22.78%-8.5pp | 20.14%-5.9pp |
| Employer contribution / active EE | $1,874 | $2,400-21.9% | $3,574-47.6% | $2,281-17.9% |
| Participant deferral / active EE | $2,626 | $2,709-3.1% | $3,712-29.2% | $3,203-18.0% |
| Admin fee / account holder | $1,381 | $3,581-61.4% | $5,332-74.1% | $4,296-67.9% |