Filed July 13, 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 | $63,998 | $49,177+30.1% | $79,464-19.5% | $64,186-0.3% |
| Participation rate | 85.4% | 65.0%+20.3pp | 73.3%+12.0pp | 69.6%+15.8pp |
| Annual return | 0.16% | -1.16%+1.3pp | 718.14%-718.0pp | 7.63%-7.5pp |
| Employer contribution / active EE | $1,192 | $2,076-42.6% | $2,800-57.4% | $2,381-49.9% |
| Participant deferral / active EE | $2,958 | $2,821+4.8% | $3,704-20.1% | $3,470-14.7% |
| Admin fee / account holder | $15,211 | $3,839+296.2% | $5,113+197.5% | $4,888+211.2% |