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 | $48,158 | $73,867-34.8% | $143,757-66.5% | $68,494-29.7% |
| Participation rate | 84.6% | 66.7%+18.0pp | 80.3%+4.3pp | 67.9%+16.7pp |
| Annual return | -16.49% | 1.01%-17.5pp | -0.04%-16.4pp | -7.84%-8.6pp |
| Employer contribution / active EE | $1,745 | $3,184-45.2% | $4,951-64.7% | $2,596-32.8% |
| Participant deferral / active EE | $3,168 | $3,384-6.4% | $5,637-43.8% | $4,027-21.3% |
| Admin fee / account holder | $5,116 | $5,755-11.1% | $14,673-65.1% | $5,403-5.3% |