Filed September 7, 2016
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 | $83,738 | $95,453-12.3% | $112,040-25.3% | $82,448+1.6% |
| Participation rate | 89.4% | 72.8%+16.7pp | 76.5%+12.9pp | 68.1%+21.3pp |
| Annual return | 14.78% | 23.92%-9.1pp | 24.52%-9.7pp | 41.64%-26.9pp |
| Employer contribution / active EE | $1,054 | $2,318-54.5% | $2,954-64.3% | $2,551-58.7% |
| Participant deferral / active EE | $3,519 | $4,224-16.7% | $5,098-31.0% | $4,139-15.0% |
| Admin fee / account holder | $1,355 | $9,013-85.0% | $12,098-88.8% | $7,234-81.3% |