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 | $218,445 | $89,753+143.4% | $107,525+103.2% | $84,808+157.6% |
| Participation rate | 86.0% | 68.1%+17.9pp | 75.1%+10.9pp | 68.3%+17.7pp |
| Annual return | 14.70% | 29.48%-14.8pp | 181.32%-166.6pp | 40.90%-26.2pp |
| Employer contribution / active EE | $3,938 | $3,113+26.5% | $3,754+4.9% | $2,631+49.7% |
| Participant deferral / active EE | $10,682 | $4,056+163.4% | $5,116+108.8% | $4,212+153.6% |
| Admin fee / account holder | $3,153 | $7,222-56.3% | $8,919-64.6% | $7,344-57.1% |