Filed January 28, 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 9-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 | $85,553 | $57,354+49.2% | $83,848+2.0% | $64,186+33.3% |
| Participation rate | 97.3% | 68.6%+28.7pp | 76.1%+21.2pp | 69.6%+27.7pp |
| Annual return | -5.06% | 11.38%-16.4pp | 850.88%-855.9pp | 7.63%-12.7pp |
| Employer contribution / active EE | $1,819 | $2,545-28.6% | $3,631-49.9% | $2,381-23.6% |
| Participant deferral / active EE | $7,453 | $2,993+149.0% | $4,082+82.6% | $3,470+114.8% |
| Admin fee / account holder | $23,163 | $4,046+472.6% | $5,478+322.8% | $4,888+373.9% |