Filed October 5, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $54,455 | $89,739-39.3% | $149,718-63.6% | $62,292-12.6% |
| Participation rate | 87.1% | 85.1%+2.0pp | 87.1%+0.1pp | 69.5%+17.6pp |
| Annual return | 18.01% | 21.01%-3.0pp | 1501.63%-1483.6pp | 28.90%-10.9pp |
| Employer contribution / active EE | $2,113 | $3,233-34.6% | $5,445-61.2% | $2,042+3.5% |
| Participant deferral / active EE | $2,670 | $4,797-44.4% | $6,569-59.4% | $3,169-15.8% |
| Admin fee / account holder | $3,440 | $551+524.1% | $11,283-69.5% | $479+617.7% |