Filed August 8, 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 | $82,576 | $49,177+67.9% | $79,464+3.9% | $64,186+28.7% |
| Participation rate | 96.7% | 65.0%+31.7pp | 73.3%+23.4pp | 69.6%+27.1pp |
| Annual return | -2.85% | -1.16%-1.7pp | 718.14%-721.0pp | 7.63%-10.5pp |
| Employer contribution / active EE | $6,914 | $2,076+233.0% | $2,800+146.9% | $2,381+190.4% |
| Participant deferral / active EE | $7,760 | $2,821+175.1% | $3,704+109.5% | $3,470+123.7% |
| Admin fee / account holder | $3,155 | $3,839-17.8% | $5,113-38.3% | $4,888-35.5% |