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 | $57,065 | $58,208-2.0% | $81,812-30.2% | $80,856-29.4% |
| Participation rate | 97.7% | 63.4%+34.3pp | 72.3%+25.3pp | 67.6%+30.0pp |
| Annual return | 13.41% | 41.66%-28.3pp | 773.79%-760.4pp | 35.59%-22.2pp |
| Employer contribution / active EE | $7,219 | $2,340+208.5% | $2,912+147.9% | $2,755+162.0% |
| Participant deferral / active EE | $9,394 | $3,281+186.3% | $4,319+117.5% | $4,296+118.7% |
| Admin fee / account holder | $32,535 | $4,981+553.1% | $7,386+340.5% | $6,918+370.3% |