Filed July 17, 2018
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 | $60,563 | $88,672-31.7% | $105,223-42.4% | $82,448-26.5% |
| Participation rate | 63.0% | 67.9%-4.9pp | 75.0%-12.0pp | 68.1%-5.1pp |
| Annual return | 20.58% | 30.86%-10.3pp | 180.65%-160.1pp | 41.64%-21.1pp |
| Employer contribution / active EE | $2,266 | $3,048-25.6% | $3,689-38.6% | $2,551-11.2% |
| Participant deferral / active EE | $4,942 | $4,036+22.4% | $5,072-2.6% | $4,139+19.4% |
| Admin fee / account holder | $3,238 | $7,146-54.7% | $8,859-63.4% | $7,234-55.2% |