Filed September 13, 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 | $46,232 | $55,449-16.6% | $83,848-44.9% | $56,287-17.9% |
| Participation rate | 90.2% | 68.0%+22.2pp | 76.1%+14.1pp | 69.9%+20.3pp |
| Annual return | -5.90% | -1.38%-4.5pp | 850.88%-856.8pp | -9.96%+4.1pp |
| Employer contribution / active EE | $2,576 | $2,430+6.0% | $3,631-29.0% | $2,111+22.0% |
| Participant deferral / active EE | $4,258 | $2,935+45.1% | $4,082+4.3% | $3,350+27.1% |
| Admin fee / account holder | $2,763 | $656+321.2% | $5,478-49.6% | $521+430.4% |