Filed March 29, 2016
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 | $76,532 | $48,364+58.2% | $71,796+6.6% | $62,891+21.7% |
| Participation rate | 76.9% | 60.6%+16.3pp | 69.1%+7.8pp | 69.3%+7.6pp |
| Annual return | 10.24% | 13.16%-2.9pp | 78.04%-67.8pp | 20.14%-9.9pp |
| Employer contribution / active EE | $1,209 | $1,042+16.0% | $1,924-37.2% | $2,281-47.0% |
| Participant deferral / active EE | $3,478 | $2,091+66.3% | $2,794+24.5% | $3,203+8.6% |
| Admin fee / account holder | $800 | $3,771-78.8% | $4,815-83.4% | $4,296-81.4% |