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.
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 | $24,187 | $63,346-61.8% | $92,233-73.8% | $70,131-65.5% |
| Participation rate | 68.8% | 68.7%+0.1pp | 76.5%-7.7pp | 69.5%-0.8pp |
| Annual return | 22.31% | 530.12%-507.8pp | 176.28%-154.0pp | 73.14%-50.8pp |
| Employer contribution / active EE | $1,749 | $2,471-29.2% | $3,679-52.5% | $2,342-25.3% |
| Participant deferral / active EE | $3,620 | $2,854+26.8% | $3,897-7.1% | $3,332+8.6% |
| Admin fee / account holder | $514 | $3,840-86.6% | $5,194-90.1% | $4,645-88.9% |