Filed August 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 | $193,832 | $76,000+155.0% | $154,107+25.8% | $64,186+202.0% |
| Participation rate | 80.4% | 70.4%+10.0pp | 83.0%-2.6pp | 69.6%+10.9pp |
| Annual return | -2.91% | 30.32%-33.2pp | 735.12%-738.0pp | 7.63%-10.5pp |
| Employer contribution / active EE | $2,011 | $3,351-40.0% | $5,298-62.0% | $2,381-15.6% |
| Participant deferral / active EE | $3,714 | $3,175+17.0% | $5,081-26.9% | $3,470+7.0% |
| Admin fee / account holder | $6,999 | $5,596+25.1% | $13,411-47.8% | $4,888+43.2% |