Filed February 3, 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 | $22,568 | $135,952-83.4% | $123,892-81.8% | $273,961-91.8% |
| Participation rate | 100.0% | 84.1%+15.9pp | 81.4%+18.6pp | 83.0%+17.0pp |
| Annual return | 10.84% | 56.63%-45.8pp | 47.52%-36.7pp | 41.45%-30.6pp |
| Employer contribution / active EE | $3,355 | $5,170-35.1% | $4,617-27.3% | $4,869-31.1% |
| Participant deferral / active EE | $6,944 | $6,343+9.5% | $5,984+16.0% | $5,287+31.3% |
| Admin fee / account holder | $465 | $9,817-95.3% | $8,357-94.4% | $10,132-95.4% |