Filed February 26, 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 | $52,459 | $77,813-32.6% | $123,544-57.5% | $64,186-18.3% |
| Participation rate | 84.6% | 74.7%+9.9pp | 82.3%+2.3pp | 69.6%+15.0pp |
| Annual return | -4.26% | 12.48%-16.7pp | 119.20%-123.5pp | 7.63%-11.9pp |
| Employer contribution / active EE | $2,418 | $3,014-19.8% | $4,628-47.8% | $2,381+1.6% |
| Participant deferral / active EE | $8,238 | $5,240+57.2% | $6,426+28.2% | $3,470+137.4% |
| Admin fee / account holder | $11,665 | $5,519+111.4% | $9,284+25.7% | $4,888+138.7% |