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 | $179,811 | $89,739+100.4% | $149,718+20.1% | $62,292+188.7% |
| Participation rate | 93.4% | 85.1%+8.3pp | 87.1%+6.3pp | 69.5%+23.9pp |
| Annual return | 19.53% | 21.01%-1.5pp | 1501.63%-1482.1pp | 28.90%-9.4pp |
| Employer contribution / active EE | $15,915 | $3,233+392.3% | $5,445+192.3% | $2,042+679.3% |
| Participant deferral / active EE | $8,823 | $4,797+83.9% | $6,569+34.3% | $3,169+178.4% |
| Admin fee / account holder | $1,850 | $551+235.7% | $11,283-83.6% | $479+286.0% |