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 | $246,159 | $58,208+322.9% | $81,812+200.9% | $80,856+204.4% |
| Participation rate | 97.6% | 63.4%+34.2pp | 72.3%+25.3pp | 67.6%+30.0pp |
| Annual return | 16.49% | 41.66%-25.2pp | 773.79%-757.3pp | 35.59%-19.1pp |
| Employer contribution / active EE | $16,349 | $2,340+598.7% | $2,912+461.4% | $2,755+493.5% |
| Participant deferral / active EE | $14,292 | $3,281+335.6% | $4,319+230.9% | $4,296+232.7% |
| Admin fee / account holder | $3,782 | $4,981-24.1% | $7,386-48.8% | $6,918-45.3% |