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 | $98,625 | $56,897+73.3% | $84,750+16.4% | $62,891+56.8% |
| Participation rate | 72.1% | 68.5%+3.5pp | 76.6%-4.5pp | 69.3%+2.8pp |
| Annual return | 6.80% | 6.30%+0.5pp | 22.78%-16.0pp | 20.14%-13.3pp |
| Employer contribution / active EE | $2,597 | $2,400+8.2% | $3,574-27.3% | $2,281+13.9% |
| Participant deferral / active EE | $5,435 | $2,709+100.6% | $3,712+46.4% | $3,203+69.7% |
| Admin fee / account holder | $16,944 | $3,581+373.2% | $5,332+217.8% | $4,296+294.5% |