Filed January 16, 2018
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 9-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,502 | $56,110+9.6% | $94,993-35.3% | $70,131-12.3% |
| Participation rate | 96.0% | 65.0%+31.0pp | 73.9%+22.1pp | 69.5%+26.5pp |
| Annual return | -5.30% | 51.02%-56.3pp | 27.12%-32.4pp | 73.14%-78.4pp |
| Employer contribution / active EE | $3,274 | $1,442+127.0% | $2,603+25.8% | $2,342+39.8% |
| Participant deferral / active EE | $0 | $2,391-100.0% | $3,317-100.0% | $3,332-100.0% |
| Admin fee / account holder | $1,070 | $3,456-69.0% | $4,960-78.4% | $4,645-77.0% |