Filed October 29, 2017
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,376 | $109,359-65.8% | $162,163-77.0% | $72,985-48.8% |
| Participation rate | 98.2% | 84.3%+14.0pp | 87.6%+10.7pp | 69.5%+28.7pp |
| Annual return | 22.88% | 25.46%-2.6pp | 115.59%-92.7pp | 81.00%-58.1pp |
| Employer contribution / active EE | $2,315 | $3,907-40.8% | $5,614-58.8% | $2,440-5.1% |
| Participant deferral / active EE | $2,830 | $5,481-48.4% | $7,298-61.2% | $3,607-21.6% |
| Admin fee / account holder | $1,651 | $7,972-79.3% | $10,843-84.8% | $5,124-67.8% |