Filed June 13, 2016
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.)
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 | $31,048 | $89,652-65.4% | $141,162-78.0% | $65,185-52.4% |
| Participation rate | 73.5% | 74.7%-1.2pp | 82.5%-8.9pp | 70.2%+3.3pp |
| Annual return | 22.84% | 32.79%-10.0pp | 71.39%-48.5pp | 29.38%-6.5pp |
| Employer contribution / active EE | $0 | $3,065-100.0% | $4,735-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $3,316 | $5,691-41.7% | $6,709-50.6% | $3,514-5.6% |
| Admin fee / account holder | $1,151 | $569+102.5% | $10,261-88.8% | $847+35.9% |