Filed July 11, 2019
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 6-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 | $96,578 | $53,777+79.6% | $134,143-28.0% | $79,858+20.9% |
| Participation rate | 72.7% | 58.8%+14.0pp | 72.2%+0.6pp | 69.6%+3.1pp |
| Annual return | 13.78% | 19.01%-5.2pp | 36.33%-22.5pp | 31.71%-17.9pp |
| Employer contribution / active EE | $2,480 | $1,321+87.7% | $3,704-33.0% | $2,471+0.4% |
| Participant deferral / active EE | $5,493 | $2,420+127.0% | $3,499+57.0% | $3,740+46.9% |
| Admin fee / account holder | $8,495 | $3,984+113.2% | $6,684+27.1% | $5,306+60.1% |