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 | $21,931 | $51,175-57.1% | $70,515-68.9% | $75,163-70.8% |
| Participation rate | 92.2% | 60.9%+31.2pp | 68.3%+23.8pp | 67.2%+25.0pp |
| Annual return | 27.55% | 30.02%-2.5pp | 32.77%-5.2pp | 160.62%-133.1pp |
| Employer contribution / active EE | $1,285 | $1,826-29.6% | $2,973-56.8% | $2,670-51.9% |
| Participant deferral / active EE | $5,063 | $2,849+77.7% | $4,567+10.9% | $4,125+22.7% |
| Admin fee / account holder | $4,560 | $4,091+11.5% | $6,412-28.9% | $5,651-19.3% |