Filed December 5, 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 | $27,249 | $75,828-64.1% | $147,614-81.5% | $59,632-54.3% |
| Participation rate | 74.4% | 71.6%+2.8pp | 84.6%-10.2pp | 68.7%+5.7pp |
| Annual return | 4.65% | 0.37%+4.3pp | 61.98%-57.3pp | 2041.28%-2036.6pp |
| Employer contribution / active EE | $3,187 | $3,485-8.5% | $5,564-42.7% | $2,203+44.7% |
| Participant deferral / active EE | $4,499 | $3,130+43.7% | $4,895-8.1% | $3,192+41.0% |
| Admin fee / account holder | $1,708 | $5,985-71.5% | $11,611-85.3% | $4,297-60.2% |