Filed January 19, 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 8-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 | $22,341 | $84,233-73.5% | $170,442-86.9% | $70,131-68.1% |
| Participation rate | 71.4% | 70.8%+0.6pp | 83.6%-12.2pp | 69.5%+1.9pp |
| Annual return | 21.68% | 23.06%-1.4pp | 205.93%-184.3pp | 73.14%-51.5pp |
| Employer contribution / active EE | $2,294 | $3,387-32.3% | $5,433-57.8% | $2,342-2.1% |
| Participant deferral / active EE | $3,348 | $3,086+8.5% | $4,939-32.2% | $3,332+0.5% |
| Admin fee / account holder | $757 | $5,698-86.7% | $13,880-94.5% | $4,645-83.7% |