Filed June 23, 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 4-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 | $47,524 | $101,724-53.3% | $164,813-71.2% | $80,856-41.2% |
| Participation rate | 90.9% | 71.8%+19.1pp | 78.6%+12.3pp | 67.6%+23.3pp |
| Annual return | 17.00% | 16.72%+0.3pp | 69.93%-52.9pp | 35.59%-18.6pp |
| Employer contribution / active EE | $1,665 | $2,953-43.6% | $4,341-61.6% | $2,755-39.6% |
| Participant deferral / active EE | $4,107 | $4,477-8.3% | $6,031-31.9% | $4,296-4.4% |
| Admin fee / account holder | $3,760 | $8,227-54.3% | $12,690-70.4% | $6,918-45.7% |