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.
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 | $51,116 | $70,669-27.7% | $169,368-69.8% | $75,163-32.0% |
| Participation rate | 97.0% | 64.8%+32.2pp | 77.1%+19.8pp | 67.2%+29.8pp |
| Annual return | 16.56% | 36.36%-19.8pp | 405.60%-389.0pp | 160.62%-144.1pp |
| Employer contribution / active EE | $2,833 | $2,211+28.1% | $4,013-29.4% | $2,670+6.1% |
| Participant deferral / active EE | $6,939 | $4,311+61.0% | $6,221+11.5% | $4,125+68.2% |
| Admin fee / account holder | $3,259 | $5,402-39.7% | $9,003-63.8% | $5,651-42.3% |