Filed November 19, 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 | $23,748 | $91,538-74.1% | $129,995-81.7% | $75,163-68.4% |
| Participation rate | 74.3% | 71.4%+2.8pp | 78.5%-4.2pp | 67.2%+7.1pp |
| Annual return | 24.92% | -631.11%+656.0pp | -137.18%+162.1pp | 160.62%-135.7pp |
| Employer contribution / active EE | $2,354 | $2,845-17.3% | $4,320-45.5% | $2,670-11.8% |
| Participant deferral / active EE | $3,703 | $4,341-14.7% | $5,820-36.4% | $4,125-10.2% |
| Admin fee / account holder | $2,970 | $6,790-56.3% | $10,614-72.0% | $5,651-47.4% |