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 | $105,766 | $65,365+61.8% | $92,893+13.9% | $72,985+44.9% |
| Participation rate | 97.2% | 68.3%+28.9pp | 76.0%+21.2pp | 69.5%+27.7pp |
| Annual return | 18.53% | 42.10%-23.6pp | 109.41%-90.9pp | 81.00%-62.5pp |
| Employer contribution / active EE | $6,062 | $2,594+133.7% | $3,653+66.0% | $2,440+148.5% |
| Participant deferral / active EE | $7,494 | $3,128+139.6% | $4,236+76.9% | $3,607+107.7% |
| Admin fee / account holder | $16,831 | $4,251+295.9% | $5,794+190.5% | $5,124+228.5% |