Filed August 9, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,413 | $69,977+6.3% | $108,579-31.5% | $62,891+18.3% |
| Participation rate | 79.1% | 72.9%+6.2pp | 79.6%-0.5pp | 69.3%+9.8pp |
| Annual return | 4.64% | 10.73%-6.1pp | -51.70%+56.3pp | 20.14%-15.5pp |
| Employer contribution / active EE | $1,230 | $2,135-42.4% | $3,758-67.3% | $2,281-46.1% |
| Participant deferral / active EE | $3,039 | $3,165-4.0% | $4,311-29.5% | $3,203-5.1% |
| Admin fee / account holder | $5,871 | $5,076+15.6% | $7,645-23.2% | $4,296+36.7% |