Filed December 22, 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 | $79,333 | $95,803-17.2% | $113,168-29.9% | $84,808-6.5% |
| Participation rate | 80.6% | 72.9%+7.8pp | 76.6%+4.1pp | 68.3%+12.3pp |
| Annual return | 12.96% | 25.00%-12.0pp | 24.27%-11.3pp | 40.90%-27.9pp |
| Employer contribution / active EE | $2,186 | $2,360-7.4% | $2,975-26.5% | $2,631-16.9% |
| Participant deferral / active EE | $4,157 | $4,242-2.0% | $5,107-18.6% | $4,212-1.3% |
| Admin fee / account holder | $2,813 | $8,989-68.7% | $12,068-76.7% | $7,344-61.7% |