Filed January 10, 2018
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.
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 | $108,473 | $96,305+12.6% | $80,569+34.6% | $139,434-22.2% |
| Participation rate | 66.7% | 73.6%-7.0pp | 67.0%-0.3pp | 80.3%-13.7pp |
| Annual return | 24.68% | 1350.08%-1325.4pp | 935.43%-910.7pp | 372.94%-348.3pp |
| Employer contribution / active EE | $545 | $3,262-83.3% | $2,723-80.0% | $4,751-88.5% |
| Participant deferral / active EE | $4,696 | $5,232-10.2% | $4,447+5.6% | $6,710-30.0% |
| Admin fee / account holder | $392 | $6,599-94.1% | $5,377-92.7% | $11,403-96.6% |