Filed December 6, 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 | $33,569 | $47,848-29.8% | $81,478-58.8% | $70,131-52.1% |
| Participation rate | 77.8% | 58.3%+19.5pp | 68.0%+9.8pp | 69.5%+8.2pp |
| Annual return | 29.84% | 27.25%+2.6pp | 38.78%-8.9pp | 73.14%-43.3pp |
| Employer contribution / active EE | $2,347 | $1,527+53.7% | $2,568-8.6% | $2,342+0.2% |
| Participant deferral / active EE | $6,351 | $2,453+158.9% | $3,537+79.6% | $3,332+90.6% |
| Admin fee / account holder | $2,005 | $3,145-36.3% | $4,561-56.1% | $4,645-56.8% |