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 | $95,803-12.6% | $113,168-26.0% | $84,808-1.3% |
| Participation rate | 89.4% | 72.9%+16.5pp | 76.6%+12.8pp | 68.3%+21.1pp |
| Annual return | 14.78% | 25.00%-10.2pp | 24.27%-9.5pp | 40.90%-26.1pp |
| Employer contribution / active EE | $1,054 | $2,360-55.3% | $2,975-64.6% | $2,631-59.9% |
| Participant deferral / active EE | $3,519 | $4,242-17.1% | $5,107-31.1% | $4,212-16.5% |
| Admin fee / account holder | $1,355 | $8,989-84.9% | $12,068-88.8% | $7,344-81.6% |