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 | $187,147 | $86,929+115.3% | $102,423+82.7% | $80,856+131.5% |
| Participation rate | 72.4% | 72.4%0pp | 76.5%-4.1pp | 67.6%+4.8pp |
| Annual return | 13.77% | 18.88%-5.1pp | 29.32%-15.6pp | 35.59%-21.8pp |
| Employer contribution / active EE | $2,473 | $2,369+4.4% | $3,023-18.2% | $2,755-10.2% |
| Participant deferral / active EE | $6,417 | $4,118+55.8% | $5,053+27.0% | $4,296+49.4% |
| Admin fee / account holder | $24,765 | $8,049+207.7% | $9,451+162.0% | $6,918+258.0% |