Filed May 3, 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 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 | $16,482 | $41,981-60.7% | $63,412-74.0% | $59,632-72.4% |
| Participation rate | 96.2% | 60.3%+35.9pp | 67.1%+29.0pp | 68.7%+27.5pp |
| Annual return | -1.13% | 13.04%-14.2pp | 4.04%-5.2pp | 2041.28%-2042.4pp |
| Employer contribution / active EE | $917 | $1,287-28.8% | $1,814-49.5% | $2,203-58.4% |
| Participant deferral / active EE | $2,704 | $2,002+35.1% | $2,496+8.3% | $3,192-15.3% |
| Admin fee / account holder | $1,116 | $3,509-68.2% | $3,753-70.3% | $4,297-74.0% |