Filed May 15, 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 4-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,672 | $56,897-72.5% | $84,750-81.5% | $62,891-75.1% |
| Participation rate | 70.4% | 68.5%+1.8pp | 76.6%-6.2pp | 69.3%+1.1pp |
| Annual return | 9.75% | 6.30%+3.4pp | 22.78%-13.0pp | 20.14%-10.4pp |
| Employer contribution / active EE | $1,312 | $2,400-45.3% | $3,574-63.3% | $2,281-42.5% |
| Participant deferral / active EE | $2,798 | $2,709+3.3% | $3,712-24.6% | $3,203-12.6% |
| Admin fee / account holder | $1,122 | $3,581-68.7% | $5,332-79.0% | $4,296-73.9% |