Filed August 9, 2017
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 10-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 | $129,290 | $54,762+136.1% | $90,281+43.2% | $72,985+77.1% |
| Participation rate | 90.6% | 65.1%+25.4pp | 73.3%+17.3pp | 69.5%+21.1pp |
| Annual return | 29.72% | 30.63%-0.9pp | 78.10%-48.4pp | 81.00%-51.3pp |
| Employer contribution / active EE | $12,081 | $2,092+477.3% | $2,854+323.2% | $2,440+395.1% |
| Participant deferral / active EE | $8,568 | $2,887+196.8% | $3,885+120.5% | $3,607+137.5% |
| Admin fee / account holder | $15,376 | $3,972+287.1% | $5,351+187.3% | $5,124+200.1% |