Filed June 16, 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 | $134,831 | $60,349+123.4% | $74,183+81.8% | $62,891+114.4% |
| Participation rate | 92.7% | 72.7%+20.0pp | 76.6%+16.1pp | 69.3%+23.4pp |
| Annual return | 5.99% | 21.37%-15.4pp | 17.74%-11.7pp | 20.14%-14.1pp |
| Employer contribution / active EE | $1,699 | $1,680+1.1% | $2,370-28.3% | $2,281-25.5% |
| Participant deferral / active EE | $3,390 | $2,856+18.7% | $3,550-4.5% | $3,203+5.8% |
| Admin fee / account holder | $11,604 | $4,261+172.3% | $5,586+107.7% | $4,296+170.1% |