Filed April 29, 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.)
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 | $102,199 | $83,477+22.4% | $125,175-18.4% | $72,985+40.0% |
| Participation rate | 78.3% | 73.3%+4.9pp | 79.8%-1.5pp | 69.5%+8.8pp |
| Annual return | 23.42% | 25.78%-2.4pp | 43.79%-20.4pp | 81.00%-57.6pp |
| Employer contribution / active EE | $2,820 | $2,345+20.3% | $3,865-27.0% | $2,440+15.6% |
| Participant deferral / active EE | $4,833 | $3,585+34.8% | $4,937-2.1% | $3,607+34.0% |
| Admin fee / account holder | $5,118 | $5,517-7.2% | $9,702-47.2% | $5,124-0.1% |