Filed March 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 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 | $167,183 | $136,307+22.7% | $106,619+56.8% | $273,961-39.0% |
| Participation rate | 100.0% | 84.8%+15.2pp | 78.0%+22.0pp | 83.0%+17.0pp |
| Annual return | 8.14% | 11.05%-2.9pp | 9.42%-1.3pp | 41.45%-33.3pp |
| Employer contribution / active EE | $8,266 | $5,190+59.3% | $3,947+109.4% | $4,869+69.8% |
| Participant deferral / active EE | $9,663 | $4,969+94.5% | $3,930+145.9% | $5,287+82.8% |
| Admin fee / account holder | $6,966 | $8,625-19.2% | $6,418+8.5% | $10,132-31.2% |