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 | $24,780 | $77,899-68.2% | $149,673-83.4% | $75,163-67.0% |
| Participation rate | 78.7% | 65.6%+13.1pp | 78.8%-0.1pp | 67.2%+11.5pp |
| Annual return | 15.40% | 31.72%-16.3pp | 134.42%-119.0pp | 160.62%-145.2pp |
| Employer contribution / active EE | $1,352 | $3,137-56.9% | $4,818-71.9% | $2,670-49.3% |
| Participant deferral / active EE | $2,531 | $3,411-25.8% | $5,680-55.4% | $4,125-38.7% |
| Admin fee / account holder | $3,202 | $5,956-46.2% | $13,210-75.8% | $5,651-43.3% |