Filed April 21, 2017
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 | $164,426 | $54,705+200.6% | $71,209+130.9% | $84,808+93.9% |
| Participation rate | 77.4% | 64.1%+13.3pp | 73.8%+3.7pp | 68.3%+9.1pp |
| Annual return | 16.15% | 35.90%-19.7pp | 282.51%-266.4pp | 40.90%-24.7pp |
| Employer contribution / active EE | $5,626 | $2,158+160.7% | $2,721+106.8% | $2,631+113.8% |
| Participant deferral / active EE | $5,194 | $3,030+71.4% | $4,175+24.4% | $4,212+23.3% |
| Admin fee / account holder | $2,536 | $4,863-47.9% | $5,349-52.6% | $7,344-65.5% |