Filed October 11, 2017
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 | $152,570 | $109,413+39.4% | $156,263-2.4% | $84,808+79.9% |
| Participation rate | 80.8% | 72.7%+8.1pp | 78.9%+1.9pp | 68.3%+12.5pp |
| Annual return | 18.88% | 20.18%-1.3pp | 59.47%-40.6pp | 40.90%-22.0pp |
| Employer contribution / active EE | $18,736 | $2,907+544.5% | $4,333+332.4% | $2,631+612.1% |
| Participant deferral / active EE | $11,141 | $4,590+142.7% | $6,158+80.9% | $4,212+164.5% |
| Admin fee / account holder | $3,050 | $9,357-67.4% | $14,255-78.6% | $7,344-58.5% |