Filed May 26, 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 | $54,646 | $48,076+13.7% | $78,689-30.6% | $62,891-13.1% |
| Participation rate | 88.9% | 65.2%+23.7pp | 73.6%+15.3pp | 69.3%+19.6pp |
| Annual return | 5.58% | 31.35%-25.8pp | 62.18%-56.6pp | 20.14%-14.6pp |
| Employer contribution / active EE | $2,788 | $2,015+38.4% | $2,851-2.2% | $2,281+22.2% |
| Participant deferral / active EE | $6,539 | $2,588+152.7% | $3,517+85.9% | $3,203+104.2% |
| Admin fee / account holder | $7,747 | $3,207+141.5% | $4,510+71.8% | $4,296+80.3% |