Filed September 4, 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 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $109,923 | $37,426+193.7% | $77,482+41.9% | $79,858+37.6% |
| Participation rate | 100.0% | 41.5%+58.5pp | 54.2%+45.8pp | 69.6%+30.4pp |
| Annual return | 2.34% | 39.70%-37.4pp | 54.79%-52.4pp | 31.71%-29.4pp |
| Employer contribution / active EE | $1,377 | $637+116.3% | $986+39.6% | $2,471-44.3% |
| Participant deferral / active EE | $2,170 | $1,260+72.2% | $1,861+16.6% | $3,740-42.0% |
| Admin fee / account holder | $2,394 | $2,504-4.4% | $2,858-16.2% | $5,306-54.9% |