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 | $24,323 | $49,791-51.1% | $78,210-68.9% | $70,131-65.3% |
| Participation rate | 88.9% | 62.3%+26.6pp | 68.7%+20.2pp | 69.5%+19.3pp |
| Annual return | 18.37% | 20.75%-2.4pp | 40.90%-22.5pp | 73.14%-54.8pp |
| Employer contribution / active EE | $919 | $1,430-35.7% | $2,034-54.8% | $2,342-60.8% |
| Participant deferral / active EE | $3,151 | $2,150+46.5% | $2,823+11.6% | $3,332-5.4% |
| Admin fee / account holder | $991 | $3,181-68.8% | $3,758-73.6% | $4,645-78.7% |