Filed April 28, 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 | $246,815 | $77,634+217.9% | $156,549+57.7% | $62,891+292.4% |
| Participation rate | 88.4% | 71.2%+17.2pp | 84.0%+4.4pp | 69.3%+19.1pp |
| Annual return | 8.50% | 50.32%-41.8pp | 32.23%-23.7pp | 20.14%-11.6pp |
| Employer contribution / active EE | $6,955 | $3,444+102.0% | $5,501+26.4% | $2,281+204.9% |
| Participant deferral / active EE | $5,251 | $3,045+72.4% | $4,871+7.8% | $3,203+63.9% |
| Admin fee / account holder | $2,546 | $5,561-54.2% | $13,027-80.5% | $4,296-40.7% |