Filed December 22, 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 | $94,354 | $43,075+119.0% | $74,583+26.5% | $62,891+50.0% |
| Participation rate | 93.5% | 58.1%+35.4pp | 68.1%+25.4pp | 69.3%+24.2pp |
| Annual return | 6.04% | 17.50%-11.5pp | 20.47%-14.4pp | 20.14%-14.1pp |
| Employer contribution / active EE | $3,176 | $1,498+112.1% | $2,525+25.8% | $2,281+39.2% |
| Participant deferral / active EE | $5,231 | $2,389+118.9% | $3,458+51.3% | $3,203+63.3% |
| Admin fee / account holder | $1,349 | $2,840-52.5% | $4,138-67.4% | $4,296-68.6% |