Filed March 20, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,406 | $39,122+21.2% | $57,179-17.1% | $62,891-24.6% |
| Participation rate | 89.7% | 70.5%+19.2pp | 75.3%+14.3pp | 69.3%+20.3pp |
| Annual return | 0.64% | 9.23%-8.6pp | 14.59%-13.9pp | 20.14%-19.5pp |
| Employer contribution / active EE | $983 | $1,874-47.6% | $2,682-63.4% | $2,281-56.9% |
| Participant deferral / active EE | $1,011 | $2,374-57.4% | $3,096-67.4% | $3,203-68.4% |
| Admin fee / account holder | $974 | $2,592-62.4% | $3,139-69.0% | $4,296-77.3% |