Filed December 20, 2017 (most recent of 2 filings on file)
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $87,489 | $60,124+45.5% | $90,404-3.2% | $79,858+9.6% |
| Participation rate | 69.4% | 65.0%+4.5pp | 72.7%-3.2pp | 69.6%-0.2pp |
| Annual return | 10.15% | 71.94%-61.8pp | 1293.02%-1282.9pp | 31.71%-21.6pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $3,262-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,971 | $2,938+1.1% | $3,963-25.0% | $3,740-20.6% |
| Admin fee / account holder | $8,870 | $3,976+123.1% | $5,611+58.1% | $5,306+67.2% |