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.
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 | $51,900 | $94,529-45.1% | $140,016-62.9% | $64,186-19.1% |
| Participation rate | 89.5% | 84.1%+5.4pp | 87.5%+2.0pp | 69.6%+19.9pp |
| Annual return | -6.66% | 7.77%-14.4pp | 651.12%-657.8pp | 7.63%-14.3pp |
| Employer contribution / active EE | $2,364 | $3,812-38.0% | $5,606-57.8% | $2,381-0.7% |
| Participant deferral / active EE | $3,106 | $5,250-40.8% | $6,927-55.2% | $3,470-10.5% |
| Admin fee / account holder | $4,587 | $6,741-32.0% | $10,705-57.2% | $4,888-6.2% |