Filed May 13, 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 | $56,897 | $179,726-68.3% | $156,263-63.6% | $142,382-60.0% |
| Participation rate | 100.0% | 82.1%+17.9pp | 78.9%+21.1pp | 80.1%+19.9pp |
| Annual return | 10.91% | 77.86%-66.9pp | 59.47%-48.6pp | 217.08%-206.2pp |
| Employer contribution / active EE | $2,722 | $5,069-46.3% | $4,333-37.2% | $4,299-36.7% |
| Participant deferral / active EE | $3,722 | $6,956-46.5% | $6,158-39.6% | $6,507-42.8% |
| Admin fee / account holder | $186,904 | $17,272+982.1% | $14,255+1211.2% | $12,624+1380.6% |