Filed August 22, 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 | $215,551 | $94,529+128.0% | $140,016+53.9% | $64,186+235.8% |
| Participation rate | 100.0% | 84.1%+15.9pp | 87.5%+12.5pp | 69.6%+30.4pp |
| Annual return | -6.07% | 7.77%-13.8pp | 651.12%-657.2pp | 7.63%-13.7pp |
| Employer contribution / active EE | $2,813 | $3,812-26.2% | $5,606-49.8% | $2,381+18.1% |
| Participant deferral / active EE | $5,836 | $5,250+11.2% | $6,927-15.8% | $3,470+68.2% |
| Admin fee / account holder | $8,343 | $6,741+23.8% | $10,705-22.1% | $4,888+70.7% |