Filed June 7, 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 | $46,931 | $165,912-71.7% | $122,332-61.6% | $147,584-68.2% |
| Participation rate | 100.0% | 79.6%+20.4pp | 71.6%+28.4pp | 82.8%+17.2pp |
| Annual return | 48.14% | 34.55%+13.6pp | 30.27%+17.9pp | 578.55%-530.4pp |
| Employer contribution / active EE | $2,740 | $5,754-52.4% | $4,050-32.3% | $4,876-43.8% |
| Participant deferral / active EE | $3,101 | $4,005-22.6% | $3,287-5.6% | $5,439-43.0% |
| Admin fee / account holder | $1,441 | $7,424-80.6% | $5,478-73.7% | $10,885-86.8% |