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 | $86,779 | $89,355-2.9% | $141,162-38.5% | $72,985+18.9% |
| Participation rate | 94.3% | 75.1%+19.2pp | 82.5%+11.8pp | 69.5%+24.8pp |
| Annual return | 24.31% | 111.85%-87.5pp | 71.39%-47.1pp | 81.00%-56.7pp |
| Employer contribution / active EE | $2,982 | $3,114-4.2% | $4,735-37.0% | $2,440+22.2% |
| Participant deferral / active EE | $7,180 | $5,418+32.5% | $6,709+7.0% | $3,607+99.0% |
| Admin fee / account holder | $13,786 | $5,958+131.4% | $10,261+34.4% | $5,124+169.0% |