Filed July 15, 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 | $96,488 | $80,717+19.5% | $154,803-37.7% | $84,808+13.8% |
| Participation rate | 73.3% | 66.8%+6.5pp | 78.1%-4.7pp | 68.3%+5.0pp |
| Annual return | 20.09% | 37.96%-17.9pp | 58.88%-38.8pp | 40.90%-20.8pp |
| Employer contribution / active EE | $1,046 | $2,761-62.1% | $4,305-75.7% | $2,631-60.2% |
| Participant deferral / active EE | $5,089 | $3,303+54.1% | $5,540-8.1% | $4,212+20.8% |
| Admin fee / account holder | $2,114 | $6,746-68.7% | $14,329-85.2% | $7,344-71.2% |