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 | $62,501 | $91,190-31.5% | $178,490-65.0% | $79,858-21.7% |
| Participation rate | 88.7% | 69.2%+19.5pp | 81.9%+6.8pp | 69.6%+19.1pp |
| Annual return | 17.50% | 24.19%-6.7pp | 151.07%-133.6pp | 31.71%-14.2pp |
| Employer contribution / active EE | $1,779 | $3,256-45.4% | $5,011-64.5% | $2,471-28.0% |
| Participant deferral / active EE | $3,707 | $3,236+14.6% | $5,202-28.7% | $3,740-0.9% |
| Admin fee / account holder | $3,328 | $6,751-50.7% | $13,984-76.2% | $5,306-37.3% |