Filed November 17, 2017
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 | $51,088 | $64,480-20.8% | $81,382-37.2% | $80,856-36.8% |
| Participation rate | 70.7% | 63.9%+6.8pp | 69.5%+1.2pp | 67.6%+3.0pp |
| Annual return | 12.91% | 16.34%-3.4pp | 24.73%-11.8pp | 35.59%-22.7pp |
| Employer contribution / active EE | $717 | $1,978-63.8% | $2,463-70.9% | $2,755-74.0% |
| Participant deferral / active EE | $2,000 | $3,094-35.4% | $3,883-48.5% | $4,296-53.4% |
| Admin fee / account holder | $10,583 | $5,671+86.6% | $5,768+83.5% | $6,918+53.0% |