Filed July 28, 2017
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 | $49,058 | $84,527-42.0% | $67,711-27.5% | $125,391-60.9% |
| Participation rate | 87.5% | 74.8%+12.7pp | 67.5%+20.0pp | 83.2%+4.3pp |
| Annual return | -2.42% | 2.57%-5.0pp | 25.41%-27.8pp | 282.22%-284.6pp |
| Employer contribution / active EE | $5,277 | $3,292+60.3% | $2,559+106.2% | $4,866+8.4% |
| Participant deferral / active EE | $9,918 | $4,429+123.9% | $3,585+176.6% | $5,352+85.3% |
| Admin fee / account holder | $6,323 | $5,340+18.4% | $4,255+48.6% | $9,540-33.7% |