Filed July 16, 2015
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 | $115,428 | $95,453+20.9% | $112,040+3.0% | $82,448+40.0% |
| Participation rate | 75.5% | 72.8%+2.8pp | 76.5%-1.0pp | 68.1%+7.4pp |
| Annual return | 16.20% | 23.92%-7.7pp | 24.52%-8.3pp | 41.64%-25.4pp |
| Employer contribution / active EE | $3,429 | $2,318+47.9% | $2,954+16.1% | $2,551+34.4% |
| Participant deferral / active EE | $3,335 | $4,224-21.0% | $5,098-34.6% | $4,139-19.4% |
| Admin fee / account holder | $19,310 | $9,013+114.2% | $12,098+59.6% | $7,234+166.9% |