Filed June 21, 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 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 | $53,371 | $62,586-14.7% | $76,768-30.5% | $64,186-16.8% |
| Participation rate | 88.9% | 72.8%+16.1pp | 77.0%+11.9pp | 69.6%+19.3pp |
| Annual return | 9.50% | -1.95%+11.4pp | 2.43%+7.1pp | 7.63%+1.9pp |
| Employer contribution / active EE | $1,791 | $1,832-2.3% | $2,485-28.0% | $2,381-24.8% |
| Participant deferral / active EE | $1,828 | $3,145-41.9% | $3,852-52.5% | $3,470-47.3% |
| Admin fee / account holder | $13,674 | $4,667+193.0% | $6,675+104.9% | $4,888+179.7% |