Filed March 11, 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.)
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 | $34,322 | $49,177-30.2% | $79,464-56.8% | $64,186-46.5% |
| Participation rate | 83.8% | 65.0%+18.8pp | 73.3%+10.4pp | 69.6%+14.2pp |
| Annual return | -10.07% | -1.16%-8.9pp | 718.14%-728.2pp | 7.63%-17.7pp |
| Employer contribution / active EE | $2,165 | $2,076+4.3% | $2,800-22.7% | $2,381-9.1% |
| Participant deferral / active EE | $3,087 | $2,821+9.4% | $3,704-16.7% | $3,470-11.0% |
| Admin fee / account holder | $1,415 | $3,839-63.1% | $5,113-72.3% | $4,888-71.1% |