Filed October 31, 2016
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 | $25,232 | $81,900-69.2% | $119,609-78.9% | $68,494-63.2% |
| Participation rate | 73.0% | 71.9%+1.1pp | 79.3%-6.3pp | 67.9%+5.1pp |
| Annual return | -17.24% | -23.82%+6.6pp | -14.97%-2.3pp | -7.84%-9.4pp |
| Employer contribution / active EE | $837 | $2,693-68.9% | $4,232-80.2% | $2,596-67.8% |
| Participant deferral / active EE | $2,219 | $4,148-46.5% | $5,602-60.4% | $4,027-44.9% |
| Admin fee / account holder | $1,863 | $6,582-71.7% | $10,323-82.0% | $5,403-65.5% |