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.
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 | $86,751 | $58,828+47.5% | $77,999+11.2% | $62,891+37.9% |
| Participation rate | 96.6% | 71.1%+25.5pp | 75.5%+21.0pp | 69.3%+27.2pp |
| Annual return | 5.56% | 17.16%-11.6pp | 425.96%-420.4pp | 20.14%-14.6pp |
| Employer contribution / active EE | $580 | $1,672-65.3% | $2,470-76.5% | $2,281-74.6% |
| Participant deferral / active EE | $3,534 | $2,686+31.6% | $3,497+1.1% | $3,203+10.3% |
| Admin fee / account holder | $30,492 | $4,393+594.1% | $5,480+456.4% | $4,296+609.9% |