Filed August 17, 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.)
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 | $77,541 | $90,503-14.3% | $78,689-1.5% | $273,961-71.7% |
| Participation rate | 90.9% | 76.5%+14.4pp | 73.6%+17.3pp | 83.0%+7.9pp |
| Annual return | -1.50% | 75.60%-77.1pp | 62.18%-63.7pp | 41.45%-43.0pp |
| Employer contribution / active EE | $3,869 | $3,176+21.8% | $2,851+35.7% | $4,869-20.5% |
| Participant deferral / active EE | $4,739 | $3,901+21.5% | $3,517+34.8% | $5,287-10.4% |
| Admin fee / account holder | $1,797 | $5,263-65.9% | $4,510-60.2% | $10,132-82.3% |