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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $36,501 | $54,762-33.3% | $90,281-59.6% | $72,985-50.0% |
| Participation rate | 91.4% | 65.1%+26.2pp | 73.3%+18.1pp | 69.5%+21.9pp |
| Annual return | 5.93% | 30.63%-24.7pp | 78.10%-72.2pp | 81.00%-75.1pp |
| Employer contribution / active EE | $1,604 | $2,092-23.3% | $2,854-43.8% | $2,440-34.3% |
| Participant deferral / active EE | $2,770 | $2,887-4.0% | $3,885-28.7% | $3,607-23.2% |
| Admin fee / account holder | $1,473 | $3,972-62.9% | $5,351-72.5% | $5,124-71.2% |