Filed July 2, 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 | $47,786 | $49,177-2.8% | $79,464-39.9% | $64,186-25.6% |
| Participation rate | 88.6% | 65.0%+23.5pp | 73.3%+15.2pp | 69.6%+19.0pp |
| Annual return | -8.66% | -1.16%-7.5pp | 718.14%-726.8pp | 7.63%-16.3pp |
| Employer contribution / active EE | $2,954 | $2,076+42.3% | $2,800+5.5% | $2,381+24.1% |
| Participant deferral / active EE | $5,634 | $2,821+99.7% | $3,704+52.1% | $3,470+62.4% |
| Admin fee / account holder | $342 | $3,839-91.1% | $5,113-93.3% | $4,888-93.0% |