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 | $107,489 | $54,350+97.8% | $82,719+29.9% | $68,494+56.9% |
| Participation rate | 90.2% | 63.9%+26.3pp | 72.6%+17.7pp | 67.9%+22.4pp |
| Annual return | -16.21% | -13.67%-2.5pp | 701.18%-717.4pp | -7.84%-8.4pp |
| Employer contribution / active EE | $5,478 | $2,218+147.0% | $3,009+82.1% | $2,596+111.0% |
| Participant deferral / active EE | $7,916 | $3,246+143.9% | $4,395+80.1% | $4,027+96.6% |
| Admin fee / account holder | $8,363 | $4,395+90.3% | $5,329+56.9% | $5,403+54.8% |