Filed September 8, 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 8-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 | $50,512 | $73,867-31.6% | $143,757-64.9% | $68,494-26.3% |
| Participation rate | 73.3% | 66.7%+6.7pp | 80.3%-7.0pp | 67.9%+5.4pp |
| Annual return | -17.27% | 1.01%-18.3pp | -0.04%-17.2pp | -7.84%-9.4pp |
| Employer contribution / active EE | $1,048 | $3,184-67.1% | $4,951-78.8% | $2,596-59.6% |
| Participant deferral / active EE | $9,746 | $3,384+188.0% | $5,637+72.9% | $4,027+142.0% |
| Admin fee / account holder | $3,331 | $5,755-42.1% | $14,673-77.3% | $5,403-38.4% |