Filed June 24, 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 | $159,786 | $62,586+155.3% | $76,768+108.1% | $64,186+148.9% |
| Participation rate | 90.1% | 72.8%+17.3pp | 77.0%+13.2pp | 69.6%+20.6pp |
| Annual return | 13.48% | -1.95%+15.4pp | 2.43%+11.1pp | 7.63%+5.9pp |
| Employer contribution / active EE | $2,835 | $1,832+54.8% | $2,485+14.1% | $2,381+19.1% |
| Participant deferral / active EE | $6,036 | $3,145+92.0% | $3,852+56.7% | $3,470+74.0% |
| Admin fee / account holder | $9,951 | $4,667+113.2% | $6,675+49.1% | $4,888+103.6% |