Filed December 14, 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 | $72,909 | $76,367-4.5% | $93,606-22.1% | $72,985-0.1% |
| Participation rate | 89.8% | 71.7%+18.0pp | 75.8%+13.9pp | 69.5%+20.3pp |
| Annual return | 22.04% | 25.82%-3.8pp | 32.76%-10.7pp | 81.00%-59.0pp |
| Employer contribution / active EE | $1,439 | $2,275-36.8% | $2,718-47.1% | $2,440-41.0% |
| Participant deferral / active EE | $5,957 | $3,538+68.4% | $4,069+46.4% | $3,607+65.1% |
| Admin fee / account holder | $6,987 | $6,838+2.2% | $7,888-11.4% | $5,124+36.4% |