Filed April 21, 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 | $148,560 | $138,347+7.4% | $184,203-19.3% | $80,856+83.7% |
| Participation rate | 98.6% | 83.9%+14.8pp | 86.8%+11.8pp | 67.6%+31.0pp |
| Annual return | 13.36% | 20.02%-6.7pp | 28.81%-15.5pp | 35.59%-22.2pp |
| Employer contribution / active EE | $6,825 | $4,850+40.7% | $6,427+6.2% | $2,755+147.7% |
| Participant deferral / active EE | $6,649 | $7,071-6.0% | $9,131-27.2% | $4,296+54.8% |
| Admin fee / account holder | $4,363 | $10,483-58.4% | $13,901-68.6% | $6,918-36.9% |