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 | $41,336 | $85,202-51.5% | $172,739-76.1% | $72,985-43.4% |
| Participation rate | 93.0% | 70.1%+23.0pp | 82.6%+10.4pp | 69.5%+23.5pp |
| Annual return | 22.01% | 27.32%-5.3pp | 802.84%-780.8pp | 81.00%-59.0pp |
| Employer contribution / active EE | $1,823 | $3,324-45.2% | $5,143-64.5% | $2,440-25.3% |
| Participant deferral / active EE | $2,881 | $3,260-11.6% | $5,198-44.6% | $3,607-20.1% |
| Admin fee / account holder | $1,045 | $5,884-82.2% | $13,954-92.5% | $5,124-79.6% |