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 | $95,212 | $51,620+84.4% | $90,281+5.5% | $65,185+46.1% |
| Participation rate | 94.0% | 68.6%+25.3pp | 73.3%+20.7pp | 70.2%+23.8pp |
| Annual return | 29.31% | 24.94%+4.4pp | 78.10%-48.8pp | 29.38%-0.1pp |
| Employer contribution / active EE | $6,250 | $2,235+179.7% | $2,854+119.0% | $2,177+187.1% |
| Participant deferral / active EE | $7,318 | $2,871+154.9% | $3,885+88.3% | $3,514+108.3% |
| Admin fee / account holder | $862 | $384+124.4% | $5,351-83.9% | $847+1.8% |