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 | $118,390 | $72,277+63.8% | $101,248+16.9% | $79,858+48.3% |
| Participation rate | 96.1% | 68.5%+27.6pp | 75.8%+20.2pp | 69.6%+26.4pp |
| Annual return | 13.75% | 22.30%-8.5pp | 46.47%-32.7pp | 31.71%-18.0pp |
| Employer contribution / active EE | $6,798 | $2,692+152.6% | $3,660+85.8% | $2,471+175.1% |
| Participant deferral / active EE | $7,131 | $3,282+117.3% | $4,370+63.2% | $3,740+90.7% |
| Admin fee / account holder | $10,399 | $4,400+136.3% | $5,945+74.9% | $5,306+96.0% |