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 | $70,780 | $51,175+38.3% | $70,515+0.4% | $75,163-5.8% |
| Participation rate | 84.2% | 60.9%+23.3pp | 68.3%+15.9pp | 67.2%+17.0pp |
| Annual return | 16.73% | 30.02%-13.3pp | 32.77%-16.0pp | 160.62%-143.9pp |
| Employer contribution / active EE | $2,932 | $1,826+60.5% | $2,973-1.4% | $2,670+9.8% |
| Participant deferral / active EE | $6,072 | $2,849+113.1% | $4,567+33.0% | $4,125+47.2% |
| Admin fee / account holder | $2,504 | $4,091-38.8% | $6,412-60.9% | $5,651-55.7% |