Filed November 26, 2014
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 | $180,961 | $81,460+122.1% | $103,333+75.1% | $80,856+123.8% |
| Participation rate | 86.3% | 66.8%+19.4pp | 74.5%+11.8pp | 67.6%+18.6pp |
| Annual return | 12.23% | 25.55%-13.3pp | 24.88%-12.7pp | 35.59%-23.4pp |
| Employer contribution / active EE | $3,793 | $3,105+22.1% | $3,868-1.9% | $2,755+37.7% |
| Participant deferral / active EE | $9,335 | $3,869+141.3% | $5,057+84.6% | $4,296+117.3% |
| Admin fee / account holder | $2,332 | $6,566-64.5% | $8,355-72.1% | $6,918-66.3% |