Filed August 7, 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 | $112,932 | $148,978-24.2% | $200,582-43.7% | $84,808+33.2% |
| Participation rate | 96.6% | 84.2%+12.3pp | 86.9%+9.7pp | 68.3%+28.2pp |
| Annual return | 13.65% | 28.16%-14.5pp | 42.33%-28.7pp | 40.90%-27.2pp |
| Employer contribution / active EE | $6,596 | $4,815+37.0% | $6,419+2.8% | $2,631+150.7% |
| Participant deferral / active EE | $4,805 | $7,142-32.7% | $9,331-48.5% | $4,212+14.1% |
| Admin fee / account holder | $8,146 | $13,977-41.7% | $16,305-50.0% | $7,344+10.9% |