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 | $32,512 | $80,717-59.7% | $154,803-79.0% | $84,808-61.7% |
| Participation rate | 88.4% | 66.8%+21.6pp | 78.1%+10.3pp | 68.3%+20.1pp |
| Annual return | 13.52% | 37.96%-24.4pp | 58.88%-45.4pp | 40.90%-27.4pp |
| Employer contribution / active EE | $1,677 | $2,761-39.3% | $4,305-61.1% | $2,631-36.3% |
| Participant deferral / active EE | $3,809 | $3,303+15.3% | $5,540-31.2% | $4,212-9.6% |
| Admin fee / account holder | $4,465 | $6,746-33.8% | $14,329-68.8% | $7,344-39.2% |