Filed July 26, 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 | $91,628 | $87,841+4.3% | $133,980-31.6% | $62,891+45.7% |
| Participation rate | 97.1% | 83.4%+13.7pp | 87.1%+10.0pp | 69.3%+27.8pp |
| Annual return | 6.31% | 12.05%-5.7pp | 29.30%-23.0pp | 20.14%-13.8pp |
| Employer contribution / active EE | $3,824 | $3,483+9.8% | $5,211-26.6% | $2,281+67.6% |
| Participant deferral / active EE | $4,488 | $4,812-6.7% | $6,282-28.6% | $3,203+40.1% |
| Admin fee / account holder | $7,916 | $5,371+47.4% | $9,324-15.1% | $4,296+84.3% |