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 | $84,397 | $138,347-39.0% | $184,203-54.2% | $80,856+4.4% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.6%+32.4pp |
| Annual return | 14.20% | 20.02%-5.8pp | 28.81%-14.6pp | 35.59%-21.4pp |
| Employer contribution / active EE | $2,983 | $4,850-38.5% | $6,427-53.6% | $2,755+8.3% |
| Participant deferral / active EE | $4,588 | $7,071-35.1% | $9,131-49.8% | $4,296+6.8% |
| Admin fee / account holder | $4,482 | $10,483-57.2% | $13,901-67.8% | $6,918-35.2% |