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 | $48,889 | $54,762-10.7% | $90,281-45.8% | $72,985-33.0% |
| Participation rate | 93.2% | 65.1%+28.0pp | 73.3%+19.9pp | 69.5%+23.7pp |
| Annual return | 22.64% | 30.63%-8.0pp | 78.10%-55.5pp | 81.00%-58.4pp |
| Employer contribution / active EE | $4,893 | $2,092+133.9% | $2,854+71.4% | $2,440+100.6% |
| Participant deferral / active EE | $7,122 | $2,887+146.7% | $3,885+83.3% | $3,607+97.4% |
| Admin fee / account holder | $8,770 | $3,972+120.8% | $5,351+63.9% | $5,124+71.1% |