Filed October 19, 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 | $46,534 | $56,054-17.0% | $171,082-72.8% | $62,891-26.0% |
| Participation rate | 77.0% | 62.9%+14.2pp | 76.7%+0.3pp | 69.3%+7.7pp |
| Annual return | 6.73% | 22.52%-15.8pp | 32.56%-25.8pp | 20.14%-13.4pp |
| Employer contribution / active EE | $1,860 | $1,731+7.5% | $4,002-53.5% | $2,281-18.4% |
| Participant deferral / active EE | $3,420 | $3,158+8.3% | $4,797-28.7% | $3,203+6.8% |
| Admin fee / account holder | $3,064 | $3,647-16.0% | $8,520-64.0% | $4,296-28.7% |