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 | $112,182 | $58,694+91.1% | $142,863-21.5% | $85,850+30.7% |
| Participation rate | 71.8% | 58.5%+13.3pp | 71.9%-0.1pp | 69.3%+2.5pp |
| Annual return | 12.25% | 27.72%-15.5pp | 5637.54%-5625.3pp | 318.53%-306.3pp |
| Employer contribution / active EE | $2,574 | $1,423+81.0% | $4,144-37.9% | $2,565+0.4% |
| Participant deferral / active EE | $6,160 | $2,607+136.3% | $3,837+60.5% | $3,952+55.9% |
| Admin fee / account holder | $5,995 | $4,239+41.4% | $6,560-8.6% | $6,260-4.2% |