Filed January 8, 2015
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 | $62,193 | $49,915+24.6% | $154,803-59.8% | $74,304-16.3% |
| Participation rate | 77.5% | 54.0%+23.5pp | 78.1%-0.6pp | 60.3%+17.1pp |
| Annual return | 19.47% | 34.06%-14.6pp | 58.88%-39.4pp | 29.43%-10.0pp |
| Employer contribution / active EE | $1,574 | $1,611-2.3% | $4,305-63.5% | $2,241-29.8% |
| Participant deferral / active EE | $4,562 | $2,255+102.4% | $5,540-17.7% | $3,767+21.1% |
| Admin fee / account holder | $1,618 | $2,189-26.1% | $14,329-88.7% | $2,969-45.5% |