Filed April 14, 2020
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 | $53,173 | $76,552-30.5% | $123,892-57.1% | $62,891-15.5% |
| Participation rate | 90.7% | 73.0%+17.8pp | 81.4%+9.3pp | 69.3%+21.4pp |
| Annual return | 8.96% | 18.68%-9.7pp | 47.52%-38.6pp | 20.14%-11.2pp |
| Employer contribution / active EE | $2,142 | $2,883-25.7% | $4,617-53.6% | $2,281-6.1% |
| Participant deferral / active EE | $4,805 | $4,840-0.7% | $5,984-19.7% | $3,203+50.0% |
| Admin fee / account holder | $1,252 | $4,826-74.1% | $8,357-85.0% | $4,296-70.9% |