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 | $73,576 | $54,705+34.5% | $71,209+3.3% | $84,808-13.2% |
| Participation rate | 97.1% | 64.1%+33.0pp | 73.8%+23.3pp | 68.3%+28.7pp |
| Annual return | 20.62% | 35.90%-15.3pp | 282.51%-261.9pp | 40.90%-20.3pp |
| Employer contribution / active EE | $6,304 | $2,158+192.1% | $2,721+131.7% | $2,631+139.6% |
| Participant deferral / active EE | $9,587 | $3,030+216.4% | $4,175+129.6% | $4,212+127.6% |
| Admin fee / account holder | $9,060 | $4,863+86.3% | $5,349+69.4% | $7,344+23.4% |