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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,334 | $73,867-69.8% | $143,757-84.5% | $68,494-67.4% |
| Participation rate | 86.4% | 66.7%+19.8pp | 80.3%+6.1pp | 67.9%+18.6pp |
| Annual return | -13.65% | 1.01%-14.7pp | -0.04%-13.6pp | -7.84%-5.8pp |
| Employer contribution / active EE | $3,081 | $3,184-3.2% | $4,951-37.8% | $2,596+18.7% |
| Participant deferral / active EE | $2,411 | $3,384-28.8% | $5,637-57.2% | $4,027-40.1% |
| Admin fee / account holder | $3,667 | $5,755-36.3% | $14,673-75.0% | $5,403-32.1% |