Filed January 19, 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 8-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 | $14,561 | $77,634-81.2% | $156,549-90.7% | $62,891-76.8% |
| Participation rate | 73.0% | 71.2%+1.8pp | 84.0%-11.0pp | 69.3%+3.7pp |
| Annual return | 0.00% | 50.32%-50.3pp | 32.23%-32.2pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,855 | $3,444-46.1% | $5,501-66.3% | $2,281-18.7% |
| Participant deferral / active EE | $2,468 | $3,045-19.0% | $4,871-49.3% | $3,203-22.9% |
| Admin fee / account holder | $356 | $5,561-93.6% | $13,027-97.3% | $4,296-91.7% |