Filed January 29, 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 | $121,458 | $89,753+35.3% | $107,525+13.0% | $84,808+43.2% |
| Participation rate | 75.3% | 68.1%+7.3pp | 75.1%+0.2pp | 68.3%+7.0pp |
| Annual return | 15.61% | 29.48%-13.9pp | 181.32%-165.7pp | 40.90%-25.3pp |
| Employer contribution / active EE | $3,665 | $3,113+17.7% | $3,754-2.4% | $2,631+39.3% |
| Participant deferral / active EE | $8,345 | $4,056+105.7% | $5,116+63.1% | $4,212+98.1% |
| Admin fee / account holder | $11,404 | $7,222+57.9% | $8,919+27.9% | $7,344+55.3% |