Filed January 22, 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 | $128,115 | $94,529+35.5% | $140,016-8.5% | $64,186+99.6% |
| Participation rate | 97.2% | 84.1%+13.1pp | 87.5%+9.7pp | 69.6%+27.6pp |
| Annual return | 7.36% | 7.77%-0.4pp | 651.12%-643.8pp | 7.63%-0.3pp |
| Employer contribution / active EE | $4,407 | $3,812+15.6% | $5,606-21.4% | $2,381+85.1% |
| Participant deferral / active EE | $3,728 | $5,250-29.0% | $6,927-46.2% | $3,470+7.4% |
| Admin fee / account holder | $6,703 | $6,741-0.6% | $10,705-37.4% | $4,888+37.1% |