Filed May 11, 2016
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $19,968 | $123,793-83.9% | $177,821-88.8% | $79,858-75.0% |
| Participation rate | 100.0% | 84.7%+15.3pp | 87.7%+12.3pp | 69.6%+30.4pp |
| Annual return | 35.26% | 22.82%+12.4pp | 48.32%-13.1pp | 31.71%+3.5pp |
| Employer contribution / active EE | $2,724 | $4,095-33.5% | $5,918-54.0% | $2,471+10.2% |
| Participant deferral / active EE | $4,776 | $5,956-19.8% | $7,714-38.1% | $3,740+27.7% |
| Admin fee / account holder | $909 | $7,243-87.4% | $12,427-92.7% | $5,306-82.9% |