Filed October 3, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,379 | $62,586+116.3% | $76,768+76.3% | $64,186+110.9% |
| Participation rate | 97.3% | 72.8%+24.4pp | 77.0%+20.3pp | 69.6%+27.7pp |
| Annual return | -6.05% | -1.95%-4.1pp | 2.43%-8.5pp | 7.63%-13.7pp |
| Employer contribution / active EE | $2,994 | $1,832+63.4% | $2,485+20.5% | $2,381+25.8% |
| Participant deferral / active EE | $3,438 | $3,145+9.3% | $3,852-10.7% | $3,470-0.9% |
| Admin fee / account holder | $2,385 | $4,667-48.9% | $6,675-64.3% | $4,888-51.2% |