Filed January 22, 2020
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 | $111,789 | $72,177+54.9% | $115,037-2.8% | $59,632+87.5% |
| Participation rate | 91.3% | 72.6%+18.8pp | 81.4%+9.9pp | 68.7%+22.6pp |
| Annual return | -2.08% | 12.02%-14.1pp | 26.14%-28.2pp | 2041.28%-2043.4pp |
| Employer contribution / active EE | $4,658 | $2,841+63.9% | $4,608+1.1% | $2,203+111.5% |
| Participant deferral / active EE | $8,794 | $4,783+83.9% | $6,026+45.9% | $3,192+175.5% |
| Admin fee / account holder | $705 | $4,927-85.7% | $8,175-91.4% | $4,297-83.6% |