Filed August 22, 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 | $64,062 | $183,519-65.1% | $155,509-58.8% | $145,922-56.1% |
| Participation rate | 93.8% | 82.7%+11.1pp | 78.2%+15.6pp | 80.3%+13.5pp |
| Annual return | 10.16% | 61.17%-51.0pp | 64.67%-54.5pp | 561.29%-551.1pp |
| Employer contribution / active EE | $3,820 | $5,313-28.1% | $4,672-18.2% | $4,660-18.0% |
| Participant deferral / active EE | $6,468 | $6,462+0.1% | $5,626+15.0% | $6,688-3.3% |
| Admin fee / account holder | $21,516 | $19,313+11.4% | $15,912+35.2% | $13,397+60.6% |