Filed July 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 | $44,530 | $100,041-55.5% | $149,718-70.3% | $70,131-36.5% |
| Participation rate | 94.3% | 83.6%+10.7pp | 87.1%+7.2pp | 69.5%+24.7pp |
| Annual return | 54.87% | 27.43%+27.4pp | 1501.63%-1446.8pp | 73.14%-18.3pp |
| Employer contribution / active EE | $3,562 | $3,662-2.7% | $5,445-34.6% | $2,342+52.1% |
| Participant deferral / active EE | $7,290 | $4,983+46.3% | $6,569+11.0% | $3,332+118.8% |
| Admin fee / account holder | $2,593 | $8,286-68.7% | $11,283-77.0% | $4,645-44.2% |