Filed August 4, 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 | $58,223 | $53,127+9.6% | $86,590-32.8% | $70,131-17.0% |
| Participation rate | 100.0% | 65.3%+34.7pp | 73.5%+26.5pp | 69.5%+30.5pp |
| Annual return | 13.50% | 27.66%-14.2pp | 964.84%-951.3pp | 73.14%-59.6pp |
| Employer contribution / active EE | $7,027 | $2,068+239.8% | $2,839+147.5% | $2,342+200.0% |
| Participant deferral / active EE | $4,941 | $2,696+83.3% | $3,609+36.9% | $3,332+48.3% |
| Admin fee / account holder | $17,881 | $3,585+398.7% | $4,906+264.5% | $4,645+284.9% |