Filed July 21, 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 9-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 | $40,364 | $49,177-17.9% | $79,464-49.2% | $64,186-37.1% |
| Participation rate | 95.1% | 65.0%+30.1pp | 73.3%+21.8pp | 69.6%+25.6pp |
| Annual return | -4.68% | -1.16%-3.5pp | 718.14%-722.8pp | 7.63%-12.3pp |
| Employer contribution / active EE | $4,349 | $2,076+109.5% | $2,800+55.3% | $2,381+82.7% |
| Participant deferral / active EE | $7,041 | $2,821+149.6% | $3,704+90.1% | $3,470+102.9% |
| Admin fee / account holder | $2,345 | $3,839-38.9% | $5,113-54.1% | $4,888-52.0% |