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 | $63,555 | $77,899-18.4% | $149,673-57.5% | $75,163-15.4% |
| Participation rate | 86.7% | 65.6%+21.1pp | 78.8%+7.9pp | 67.2%+19.5pp |
| Annual return | 22.52% | 31.72%-9.2pp | 134.42%-111.9pp | 160.62%-138.1pp |
| Employer contribution / active EE | $2,291 | $3,137-27.0% | $4,818-52.4% | $2,670-14.2% |
| Participant deferral / active EE | $3,471 | $3,411+1.8% | $5,680-38.9% | $4,125-15.9% |
| Admin fee / account holder | $2,262 | $5,956-62.0% | $13,210-82.9% | $5,651-60.0% |