Filed November 9, 2017
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 | $60,359 | $52,580+14.8% | $71,671-15.8% | $70,131-13.9% |
| Participation rate | 70.8% | 60.9%+10.0pp | 68.7%+2.1pp | 69.5%+1.3pp |
| Annual return | 15.53% | 20.25%-4.7pp | 20.65%-5.1pp | 73.14%-57.6pp |
| Employer contribution / active EE | $1,762 | $1,616+9.1% | $2,460-28.3% | $2,342-24.8% |
| Participant deferral / active EE | $3,550 | $2,386+48.8% | $3,438+3.3% | $3,332+6.5% |
| Admin fee / account holder | $1,465 | $3,653-59.9% | $5,558-73.6% | $4,645-68.5% |