Filed December 9, 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 | $101,479 | $109,413-7.3% | $156,263-35.1% | $84,808+19.7% |
| Participation rate | 94.7% | 72.7%+22.0pp | 78.9%+15.8pp | 68.3%+26.4pp |
| Annual return | 15.42% | 20.18%-4.8pp | 59.47%-44.1pp | 40.90%-25.5pp |
| Employer contribution / active EE | $7,262 | $2,907+149.8% | $4,333+67.6% | $2,631+176.0% |
| Participant deferral / active EE | $5,764 | $4,590+25.6% | $6,158-6.4% | $4,212+36.8% |
| Admin fee / account holder | $2,372 | $9,357-74.6% | $14,255-83.4% | $7,344-67.7% |