Filed December 27, 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 | $31,299 | $43,327-27.8% | $59,878-47.7% | $64,186-51.2% |
| Participation rate | 93.1% | 69.2%+23.9pp | 74.7%+18.4pp | 69.6%+23.5pp |
| Annual return | -6.91% | -1.55%-5.4pp | 3.46%-10.4pp | 7.63%-14.5pp |
| Employer contribution / active EE | $1,162 | $2,028-42.7% | $2,722-57.3% | $2,381-51.2% |
| Participant deferral / active EE | $2,737 | $2,546+7.5% | $3,402-19.6% | $3,470-21.1% |
| Admin fee / account holder | $552 | $3,005-81.6% | $3,590-84.6% | $4,888-88.7% |