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 | $95,000 | $67,411+40.9% | $91,001+4.4% | $70,131+35.5% |
| Participation rate | 93.5% | 71.4%+22.2pp | 75.6%+17.9pp | 69.5%+24.0pp |
| Annual return | 14.07% | -40.16%+54.2pp | 4.60%+9.5pp | 73.14%-59.1pp |
| Employer contribution / active EE | $274 | $1,786-84.7% | $2,456-88.8% | $2,342-88.3% |
| Participant deferral / active EE | $3,492 | $2,823+23.7% | $3,547-1.6% | $3,332+4.8% |
| Admin fee / account holder | $1,606 | $4,236-62.1% | $5,417-70.4% | $4,645-65.4% |