Filed April 1, 2015
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 | $24,042 | $54,726-56.1% | $68,793-65.1% | $64,186-62.5% |
| Participation rate | 98.0% | 68.0%+29.9pp | 72.2%+25.7pp | 69.6%+28.4pp |
| Annual return | -1.80% | -1.62%-0.2pp | -4.63%+2.8pp | 7.63%-9.4pp |
| Employer contribution / active EE | $704 | $1,846-61.8% | $2,625-73.2% | $2,381-70.4% |
| Participant deferral / active EE | $1,379 | $2,626-47.5% | $3,311-58.4% | $3,470-60.3% |
| Admin fee / account holder | $1,759 | $4,027-56.3% | $5,131-65.7% | $4,888-64.0% |