Filed May 19, 2017
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 | $26,513 | $52,681-49.7% | $75,781-65.0% | $59,632-55.5% |
| Participation rate | 90.5% | 67.2%+23.2pp | 75.8%+14.7pp | 68.7%+21.8pp |
| Annual return | -2.31% | 2.95%-5.3pp | 9.68%-12.0pp | 2041.28%-2043.6pp |
| Employer contribution / active EE | $2,785 | $2,193+27.0% | $3,323-16.2% | $2,203+26.5% |
| Participant deferral / active EE | $2,652 | $2,591+2.4% | $3,651-27.4% | $3,192-16.9% |
| Admin fee / account holder | $575 | $3,610-84.1% | $5,299-89.2% | $4,297-86.6% |