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 | $70,633 | $69,977+0.9% | $108,579-34.9% | $62,891+12.3% |
| Participation rate | 84.8% | 72.9%+12.0pp | 79.6%+5.3pp | 69.3%+15.5pp |
| Annual return | 7.51% | 10.73%-3.2pp | -51.70%+59.2pp | 20.14%-12.6pp |
| Employer contribution / active EE | $7,058 | $2,135+230.6% | $3,758+87.8% | $2,281+209.4% |
| Participant deferral / active EE | $5,618 | $3,165+77.5% | $4,311+30.3% | $3,203+75.4% |
| Admin fee / account holder | $4,050 | $5,076-20.2% | $7,645-47.0% | $4,296-5.7% |