Filed December 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $54,481 | $109,359-50.2% | $162,163-66.4% | $72,985-25.4% |
| Participation rate | 87.8% | 84.3%+3.5pp | 87.6%+0.2pp | 69.5%+18.3pp |
| Annual return | 27.81% | 25.46%+2.3pp | 115.59%-87.8pp | 81.00%-53.2pp |
| Employer contribution / active EE | $0 | $3,907-100.0% | $5,614-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $6,127 | $5,481+11.8% | $7,298-16.0% | $3,607+69.8% |
| Admin fee / account holder | $1,219 | $7,972-84.7% | $10,843-88.8% | $5,124-76.2% |