Filed October 23, 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 | $149,166 | $58,208+156.3% | $81,812+82.3% | $80,856+84.5% |
| Participation rate | 77.1% | 63.4%+13.7pp | 72.3%+4.7pp | 67.6%+9.4pp |
| Annual return | 13.85% | 41.66%-27.8pp | 773.79%-759.9pp | 35.59%-21.7pp |
| Employer contribution / active EE | $3,965 | $2,340+69.5% | $2,912+36.2% | $2,755+43.9% |
| Participant deferral / active EE | $5,897 | $3,281+79.7% | $4,319+36.5% | $4,296+37.3% |
| Admin fee / account holder | $32,769 | $4,981+557.8% | $7,386+343.7% | $6,918+373.7% |