Filed July 25, 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 | $85,328 | $82,032+4.0% | $123,104-30.7% | $59,632+43.1% |
| Participation rate | 84.6% | 83.2%+1.4pp | 86.8%-2.2pp | 68.7%+15.9pp |
| Annual return | 5.69% | 5.12%+0.6pp | 13.22%-7.5pp | 2041.28%-2035.6pp |
| Employer contribution / active EE | $2,482 | $3,297-24.7% | $5,151-51.8% | $2,203+12.7% |
| Participant deferral / active EE | $4,224 | $4,667-9.5% | $6,230-32.2% | $3,192+32.4% |
| Admin fee / account holder | $4,680 | $5,881-20.4% | $9,015-48.1% | $4,297+8.9% |