Filed September 25, 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 | $44,158 | $94,529-53.3% | $140,016-68.5% | $64,186-31.2% |
| Participation rate | 93.5% | 84.1%+9.4pp | 87.5%+6.0pp | 69.6%+23.9pp |
| Annual return | -3.83% | 7.77%-11.6pp | 651.12%-655.0pp | 7.63%-11.5pp |
| Employer contribution / active EE | $1,258 | $3,812-67.0% | $5,606-77.6% | $2,381-47.2% |
| Participant deferral / active EE | $3,145 | $5,250-40.1% | $6,927-54.6% | $3,470-9.3% |
| Admin fee / account holder | $7,421 | $6,741+10.1% | $10,705-30.7% | $4,888+51.8% |