Filed July 28, 2017
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 | $45,882 | $76,000-39.6% | $154,107-70.2% | $64,186-28.5% |
| Participation rate | 78.8% | 70.4%+8.4pp | 83.0%-4.2pp | 69.6%+9.2pp |
| Annual return | 3.78% | 30.32%-26.5pp | 735.12%-731.3pp | 7.63%-3.9pp |
| Employer contribution / active EE | $1,289 | $3,351-61.5% | $5,298-75.7% | $2,381-45.9% |
| Participant deferral / active EE | $3,101 | $3,175-2.3% | $5,081-39.0% | $3,470-10.6% |
| Admin fee / account holder | $4,115 | $5,596-26.5% | $13,411-69.3% | $4,888-15.8% |