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 | $118,983 | $109,881+8.3% | $150,045-20.7% | $84,808+40.3% |
| Participation rate | 98.1% | 76.1%+22.1pp | 82.3%+15.8pp | 68.3%+29.8pp |
| Annual return | 16.37% | 28.25%-11.9pp | 62.55%-46.2pp | 40.90%-24.5pp |
| Employer contribution / active EE | $2,229 | $3,561-37.4% | $4,693-52.5% | $2,631-15.3% |
| Participant deferral / active EE | $9,189 | $6,636+38.5% | $7,997+14.9% | $4,212+118.2% |
| Admin fee / account holder | $20,821 | $8,568+143.0% | $13,435+55.0% | $7,344+183.5% |