Filed December 19, 2011
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,072 | $84,233-66.7% | $170,442-83.5% | $70,131-60.0% |
| Participation rate | 59.5% | 70.8%-11.4pp | 83.6%-24.1pp | 69.5%-10.1pp |
| Annual return | 24.23% | 23.06%+1.2pp | 205.93%-181.7pp | 73.14%-48.9pp |
| Employer contribution / active EE | $1,216 | $3,387-64.1% | $5,433-77.6% | $2,342-48.1% |
| Participant deferral / active EE | $2,257 | $3,086-26.9% | $4,939-54.3% | $3,332-32.3% |
| Admin fee / account holder | $2,911 | $5,698-48.9% | $13,880-79.0% | $4,645-37.3% |