Filed October 23, 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 8-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 | $88,100 | $54,762+60.9% | $90,281-2.4% | $72,985+20.7% |
| Participation rate | 75.9% | 65.1%+10.8pp | 73.3%+2.7pp | 69.5%+6.5pp |
| Annual return | 31.71% | 30.63%+1.1pp | 78.10%-46.4pp | 81.00%-49.3pp |
| Employer contribution / active EE | $4,356 | $2,092+108.2% | $2,854+52.6% | $2,440+78.5% |
| Participant deferral / active EE | $7,433 | $2,887+157.5% | $3,885+91.3% | $3,607+106.0% |
| Admin fee / account holder | $10,704 | $3,972+169.5% | $5,351+100.0% | $5,124+108.9% |