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 | $155,833 | $89,753+73.6% | $107,525+44.9% | $84,808+83.7% |
| Participation rate | 98.0% | 68.1%+29.9pp | 75.1%+22.9pp | 68.3%+29.6pp |
| Annual return | 14.94% | 29.48%-14.5pp | 181.32%-166.4pp | 40.90%-26.0pp |
| Employer contribution / active EE | $4,723 | $3,113+51.7% | $3,754+25.8% | $2,631+79.5% |
| Participant deferral / active EE | $8,313 | $4,056+104.9% | $5,116+62.5% | $4,212+97.4% |
| Admin fee / account holder | $29,758 | $7,222+312.0% | $8,919+233.7% | $7,344+305.2% |