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 | $53,929 | $123,793-56.4% | $177,821-69.7% | $79,858-32.5% |
| Participation rate | 94.4% | 84.7%+9.8pp | 87.7%+6.7pp | 69.6%+24.8pp |
| Annual return | 18.74% | 22.82%-4.1pp | 48.32%-29.6pp | 31.71%-13.0pp |
| Employer contribution / active EE | $1,303 | $4,095-68.2% | $5,918-78.0% | $2,471-47.3% |
| Participant deferral / active EE | $3,596 | $5,956-39.6% | $7,714-53.4% | $3,740-3.9% |
| Admin fee / account holder | $1,743 | $7,243-75.9% | $12,427-86.0% | $5,306-67.1% |