Filed March 30, 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 | $18,992 | $48,265-60.7% | $68,791-72.4% | $68,494-72.3% |
| Participation rate | 91.4% | 60.7%+30.8pp | 69.0%+22.4pp | 67.9%+23.5pp |
| Annual return | -14.67% | -12.71%-2.0pp | -6.38%-8.3pp | -7.84%-6.8pp |
| Employer contribution / active EE | $1,487 | $1,829-18.7% | $2,655-44.0% | $2,596-42.7% |
| Participant deferral / active EE | $4,901 | $2,867+71.0% | $3,941+24.3% | $4,027+21.7% |
| Admin fee / account holder | $1,294 | $4,355-70.3% | $4,932-73.8% | $5,403-76.1% |