Filed January 22, 2020
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 8-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.)
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 | $52,044 | $89,355-41.8% | $141,162-63.1% | $72,985-28.7% |
| Participation rate | 98.4% | 75.1%+23.2pp | 82.5%+15.9pp | 69.5%+28.9pp |
| Annual return | 34.23% | 111.85%-77.6pp | 71.39%-37.2pp | 81.00%-46.8pp |
| Employer contribution / active EE | $11,140 | $3,114+257.7% | $4,735+135.3% | $2,440+356.6% |
| Participant deferral / active EE | $4,899 | $5,418-9.6% | $6,709-27.0% | $3,607+35.8% |
| Admin fee / account holder | $1,360 | $5,958-77.2% | $10,261-86.8% | $5,124-73.5% |