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 | $41,691 | $89,355-53.3% | $141,162-70.5% | $72,985-42.9% |
| Participation rate | 92.4% | 75.1%+17.3pp | 82.5%+9.9pp | 69.5%+22.9pp |
| Annual return | 26.02% | 111.85%-85.8pp | 71.39%-45.4pp | 81.00%-55.0pp |
| Employer contribution / active EE | $2,471 | $3,114-20.7% | $4,735-47.8% | $2,440+1.3% |
| Participant deferral / active EE | $8,929 | $5,418+64.8% | $6,709+33.1% | $3,607+147.5% |
| Admin fee / account holder | $2,317 | $5,958-61.1% | $10,261-77.4% | $5,124-54.8% |