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 | $91,112 | $93,071-2.1% | $74,583+22.2% | $273,961-66.7% |
| Participation rate | 77.8% | 74.9%+2.8pp | 68.1%+9.7pp | 83.0%-5.2pp |
| Annual return | 89.24% | 26.18%+63.1pp | 20.47%+68.8pp | 41.45%+47.8pp |
| Employer contribution / active EE | $4,659 | $3,160+47.4% | $2,525+84.5% | $4,869-4.3% |
| Participant deferral / active EE | $9,013 | $4,160+116.7% | $3,458+160.7% | $5,287+70.5% |
| Admin fee / account holder | $5,505 | $5,272+4.4% | $4,138+33.0% | $10,132-45.7% |