Filed October 12, 2015
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 | $64,335 | $87,841-26.8% | $133,980-52.0% | $62,891+2.3% |
| Participation rate | 90.3% | 83.4%+6.9pp | 87.1%+3.2pp | 69.3%+21.0pp |
| Annual return | 10.87% | 12.05%-1.2pp | 29.30%-18.4pp | 20.14%-9.3pp |
| Employer contribution / active EE | $2,419 | $3,483-30.5% | $5,211-53.6% | $2,281+6.1% |
| Participant deferral / active EE | $5,416 | $4,812+12.5% | $6,282-13.8% | $3,203+69.1% |
| Admin fee / account holder | $4,836 | $5,371-10.0% | $9,324-48.1% | $4,296+12.6% |