Filed November 4, 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 7-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,231 | $73,004-83.2% | $90,749-86.5% | $68,494-82.1% |
| Participation rate | 98.2% | 70.8%+27.4pp | 75.7%+22.6pp | 67.9%+30.4pp |
| Annual return | -16.55% | -13.81%-2.7pp | -12.16%-4.4pp | -7.84%-8.7pp |
| Employer contribution / active EE | $3,095 | $2,193+41.1% | $2,921+5.9% | $2,596+19.2% |
| Participant deferral / active EE | $2,748 | $3,627-24.2% | $4,564-39.8% | $4,027-31.8% |
| Admin fee / account holder | $1,168 | $5,896-80.2% | $8,445-86.2% | $5,403-78.4% |