Filed June 29, 2015
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 | $181,224 | $86,929+108.5% | $102,423+76.9% | $80,856+124.1% |
| Participation rate | 85.4% | 72.4%+13.0pp | 76.5%+8.9pp | 67.6%+17.7pp |
| Annual return | 18.06% | 18.88%-0.8pp | 29.32%-11.3pp | 35.59%-17.5pp |
| Employer contribution / active EE | $735 | $2,369-69.0% | $3,023-75.7% | $2,755-73.3% |
| Participant deferral / active EE | $5,972 | $4,118+45.0% | $5,053+18.2% | $4,296+39.0% |
| Admin fee / account holder | $5,875 | $8,049-27.0% | $9,451-37.8% | $6,918-15.1% |