Filed September 20, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,342 | $85,202-76.1% | $172,739-88.2% | $72,985-72.1% |
| Participation rate | 88.5% | 70.1%+18.4pp | 82.6%+5.8pp | 69.5%+19.0pp |
| Annual return | 5.55% | 27.32%-21.8pp | 802.84%-797.3pp | 81.00%-75.5pp |
| Employer contribution / active EE | $1,126 | $3,324-66.1% | $5,143-78.1% | $2,440-53.9% |
| Participant deferral / active EE | $1,923 | $3,260-41.0% | $5,198-63.0% | $3,607-46.7% |
| Admin fee / account holder | $7,535 | $5,884+28.1% | $13,954-46.0% | $5,124+47.0% |