Filed May 26, 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 | $32,915 | $76,000-56.7% | $154,107-78.6% | $64,186-48.7% |
| Participation rate | 86.8% | 70.4%+16.4pp | 83.0%+3.8pp | 69.6%+17.2pp |
| Annual return | -5.12% | 30.32%-35.4pp | 735.12%-740.2pp | 7.63%-12.8pp |
| Employer contribution / active EE | $1,748 | $3,351-47.8% | $5,298-67.0% | $2,381-26.6% |
| Participant deferral / active EE | $3,173 | $3,175-0.1% | $5,081-37.5% | $3,470-8.5% |
| Admin fee / account holder | $8,987 | $5,596+60.6% | $13,411-33.0% | $4,888+83.9% |