Filed June 9, 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 | $147,320 | $82,032+79.6% | $123,104+19.7% | $59,632+147.0% |
| Participation rate | 93.5% | 83.2%+10.3pp | 86.8%+6.7pp | 68.7%+24.8pp |
| Annual return | -1.62% | 5.12%-6.7pp | 13.22%-14.8pp | 2041.28%-2042.9pp |
| Employer contribution / active EE | $10,523 | $3,297+219.2% | $5,151+104.3% | $2,203+377.8% |
| Participant deferral / active EE | $7,494 | $4,667+60.6% | $6,230+20.3% | $3,192+134.8% |
| Admin fee / account holder | $3,097 | $5,881-47.3% | $9,015-65.6% | $4,297-27.9% |