Filed January 11, 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 | $80,428 | $77,813+3.4% | $123,544-34.9% | $64,186+25.3% |
| Participation rate | 88.9% | 74.7%+14.2pp | 82.3%+6.6pp | 69.6%+19.3pp |
| Annual return | -7.66% | 12.48%-20.1pp | 119.20%-126.9pp | 7.63%-15.3pp |
| Employer contribution / active EE | $3,494 | $3,014+15.9% | $4,628-24.5% | $2,381+46.8% |
| Participant deferral / active EE | $8,172 | $5,240+56.0% | $6,426+27.2% | $3,470+135.5% |
| Admin fee / account holder | $21,553 | $5,519+290.5% | $9,284+132.2% | $4,888+340.9% |