Filed November 4, 2016
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 9-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 | $23,347 | $85,766-72.8% | $136,294-82.9% | $70,131-66.7% |
| Participation rate | 91.9% | 74.2%+17.7pp | 81.9%+10.0pp | 69.5%+22.4pp |
| Annual return | 23.45% | 31.45%-8.0pp | 5155.94%-5132.5pp | 73.14%-49.7pp |
| Employer contribution / active EE | $2,412 | $2,966-18.7% | $4,695-48.6% | $2,342+3.0% |
| Participant deferral / active EE | $9,018 | $5,051+78.5% | $6,247+44.3% | $3,332+170.7% |
| Admin fee / account holder | $721 | $5,420-86.7% | $9,243-92.2% | $4,645-84.5% |