Filed March 18, 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 | $76,432 | $77,813-1.8% | $123,544-38.1% | $64,186+19.1% |
| Participation rate | 86.2% | 74.7%+11.4pp | 82.3%+3.9pp | 69.6%+16.6pp |
| Annual return | -2.51% | 12.48%-15.0pp | 119.20%-121.7pp | 7.63%-10.1pp |
| Employer contribution / active EE | $4,343 | $3,014+44.1% | $4,628-6.1% | $2,381+82.4% |
| Participant deferral / active EE | $4,704 | $5,240-10.2% | $6,426-26.8% | $3,470+35.6% |
| Admin fee / account holder | $5,010 | $5,519-9.2% | $9,284-46.0% | $4,888+2.5% |