Filed August 18, 2015
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.
Employer 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 | $63,734 | $56,484+12.8% | $169,463-62.4% | $64,186-0.7% |
| Participation rate | 88.9% | 64.5%+24.3pp | 77.8%+11.1pp | 69.6%+19.3pp |
| Annual return | -5.50% | -1.55%-3.9pp | 1.83%-7.3pp | 7.63%-13.1pp |
| Employer contribution / active EE | $0 | $1,832-100.0% | $4,159-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $6,876 | $3,448+99.4% | $5,277+30.3% | $3,470+98.2% |
| Admin fee / account holder | $7,533 | $4,174+80.5% | $9,109-17.3% | $4,888+54.1% |