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 | $57,372 | $48,265+18.9% | $68,791-16.6% | $68,494-16.2% |
| Participation rate | 79.4% | 60.7%+18.7pp | 69.0%+10.4pp | 67.9%+11.5pp |
| Annual return | -16.64% | -12.71%-3.9pp | -6.38%-10.3pp | -7.84%-8.8pp |
| Employer contribution / active EE | $2,234 | $1,829+22.1% | $2,655-15.9% | $2,596-14.0% |
| Participant deferral / active EE | $4,787 | $2,867+67.0% | $3,941+21.5% | $4,027+18.9% |
| Admin fee / account holder | $3,347 | $4,355-23.2% | $4,932-32.1% | $5,403-38.1% |