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 | $34,204 | $78,103-56.2% | $289,028-88.2% | $116,875-70.7% |
| Participation rate | 93.7% | 69.5%+24.1pp | 78.0%+15.7pp | 74.5%+19.1pp |
| Annual return | 15.00% | 15.26%-0.3pp | 243.94%-228.9pp | 16.29%-1.3pp |
| Employer contribution / active EE | $1,079 | $2,718-60.3% | $6,326-83.0% | $3,288-67.2% |
| Participant deferral / active EE | $3,667 | $2,921+25.5% | $4,804-23.7% | $3,885-5.6% |
| Admin fee / account holder | $4,559 | $8,683-47.5% | $14,050-67.6% | $12,263-62.8% |