Filed July 17, 2019
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 | $75,194 | $43,075+74.6% | $74,583+0.8% | $62,891+19.6% |
| Participation rate | 77.3% | 58.1%+19.2pp | 68.1%+9.2pp | 69.3%+8.0pp |
| Annual return | 5.82% | 17.50%-11.7pp | 20.47%-14.6pp | 20.14%-14.3pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $8,223 | $2,389+244.1% | $3,458+137.8% | $3,203+156.7% |
| Admin fee / account holder | $1,276 | $2,840-55.1% | $4,138-69.2% | $4,296-70.3% |