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 | $116,028 | $91,552+26.7% | $133,956-13.4% | $79,858+45.3% |
| Participation rate | 83.1% | 73.3%+9.7pp | 79.8%+3.2pp | 69.6%+13.4pp |
| Annual return | 15.13% | 61.85%-46.7pp | 45.09%-30.0pp | 31.71%-16.6pp |
| Employer contribution / active EE | $2,944 | $2,384+23.5% | $3,919-24.9% | $2,471+19.2% |
| Participant deferral / active EE | $5,385 | $3,733+44.2% | $5,048+6.7% | $3,740+44.0% |
| Admin fee / account holder | $6,744 | $6,321+6.7% | $8,927-24.5% | $5,306+27.1% |