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 | $117,827 | $42,383+178.0% | $76,523+54.0% | $64,186+83.6% |
| Participation rate | 87.0% | 58.1%+28.9pp | 68.0%+19.0pp | 69.6%+17.5pp |
| Annual return | -4.28% | -16.54%+12.3pp | -0.27%-4.0pp | 7.63%-11.9pp |
| Employer contribution / active EE | $2,401 | $1,563+53.6% | $2,647-9.3% | $2,381+0.9% |
| Participant deferral / active EE | $4,138 | $2,566+61.2% | $3,835+7.9% | $3,470+19.3% |
| Admin fee / account holder | $9,561 | $3,198+199.0% | $4,848+97.2% | $4,888+95.6% |