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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $118,788 | $100,041+18.7% | $149,718-20.7% | $70,131+69.4% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.1%+12.9pp | 69.5%+30.5pp |
| Annual return | 10.89% | 27.43%-16.5pp | 1501.63%-1490.7pp | 73.14%-62.3pp |
| Employer contribution / active EE | $3,899 | $3,662+6.5% | $5,445-28.4% | $2,342+66.5% |
| Participant deferral / active EE | $3,988 | $4,983-20.0% | $6,569-39.3% | $3,332+19.7% |
| Admin fee / account holder | $1,701 | $8,286-79.5% | $11,283-84.9% | $4,645-63.4% |