Filed February 5, 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 | $91,479 | $76,552+19.5% | $123,892-26.2% | $62,891+45.5% |
| Participation rate | 96.1% | 73.0%+23.1pp | 81.4%+14.6pp | 69.3%+26.7pp |
| Annual return | 10.00% | 18.68%-8.7pp | 47.52%-37.5pp | 20.14%-10.1pp |
| Employer contribution / active EE | $818 | $2,883-71.6% | $4,617-82.3% | $2,281-64.1% |
| Participant deferral / active EE | $4,819 | $4,840-0.4% | $5,984-19.5% | $3,203+50.4% |
| Admin fee / account holder | $1,117 | $4,826-76.8% | $8,357-86.6% | $4,296-74.0% |