Filed December 23, 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 | $35,857 | $105,630-66.1% | $87,507-59.0% | $273,961-86.9% |
| Participation rate | 87.5% | 78.2%+9.3pp | 73.8%+13.7pp | 83.0%+4.5pp |
| Annual return | 6.02% | 12.25%-6.2pp | 12.21%-6.2pp | 41.45%-35.4pp |
| Employer contribution / active EE | $2,288 | $3,141-27.2% | $2,550-10.3% | $4,869-53.0% |
| Participant deferral / active EE | $3,618 | $3,601+0.5% | $3,149+14.9% | $5,287-31.6% |
| Admin fee / account holder | $445 | $4,781-90.7% | $4,221-89.5% | $10,132-95.6% |