Filed August 1, 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.
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 | $30,877 | $49,177-37.2% | $79,464-61.1% | $64,186-51.9% |
| Participation rate | 90.9% | 65.0%+25.9pp | 73.3%+17.6pp | 69.6%+21.3pp |
| Annual return | 8.30% | -1.16%+9.5pp | 718.14%-709.8pp | 7.63%+0.7pp |
| Employer contribution / active EE | $1,509 | $2,076-27.3% | $2,800-46.1% | $2,381-36.6% |
| Participant deferral / active EE | $2,503 | $2,821-11.3% | $3,704-32.4% | $3,470-27.9% |
| Admin fee / account holder | $2,500 | $3,839-34.9% | $5,113-51.1% | $4,888-48.8% |