Filed September 14, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $152,446 | $87,037+75.2% | $106,201+43.5% | $80,874+88.5% |
| Participation rate | 85.7% | 70.4%+15.3pp | 75.3%+10.4pp | 67.6%+18.1pp |
| Annual return | 14.42% | 17.05%-2.6pp | 116.26%-101.8pp | 35.62%-21.2pp |
| Employer contribution / active EE | $434 | $2,396-81.9% | $3,170-86.3% | $2,756-84.3% |
| Participant deferral / active EE | $5,037 | $3,986+26.4% | $5,012+0.5% | $4,297+17.2% |
| Admin fee / account holder | $4,897 | $8,434-41.9% | $11,039-55.6% | $6,935-29.4% |