Filed August 20, 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 | $81,142 | $90,503-10.3% | $78,689+3.1% | $273,961-70.4% |
| Participation rate | 77.8% | 76.5%+1.3pp | 73.6%+4.2pp | 83.0%-5.2pp |
| Annual return | 14.74% | 75.60%-60.9pp | 62.18%-47.4pp | 41.45%-26.7pp |
| Employer contribution / active EE | $2,472 | $3,176-22.2% | $2,851-13.3% | $4,869-49.2% |
| Participant deferral / active EE | $5,741 | $3,901+47.2% | $3,517+63.2% | $5,287+8.6% |
| Admin fee / account holder | $1,922 | $5,263-63.5% | $4,510-57.4% | $10,132-81.0% |