Filed November 29, 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 8-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 | $88,993 | $54,705+62.7% | $71,209+25.0% | $84,808+4.9% |
| Participation rate | 96.6% | 64.1%+32.5pp | 73.8%+22.8pp | 68.3%+28.2pp |
| Annual return | 13.56% | 35.90%-22.3pp | 282.51%-269.0pp | 40.90%-27.3pp |
| Employer contribution / active EE | $8,830 | $2,158+309.2% | $2,721+224.5% | $2,631+235.6% |
| Participant deferral / active EE | $12,004 | $3,030+296.1% | $4,175+187.5% | $4,212+185.0% |
| Admin fee / account holder | $32,967 | $4,863+577.9% | $5,349+516.3% | $7,344+348.9% |