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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,166 | $87,013-66.5% | $106,213-72.5% | $80,856-63.9% |
| Participation rate | 98.3% | 70.4%+27.8pp | 75.3%+23.0pp | 67.6%+30.6pp |
| Annual return | 57.75% | 17.05%+40.7pp | 116.14%-58.4pp | 35.59%+22.2pp |
| Employer contribution / active EE | $3,806 | $2,395+58.9% | $3,171+20.0% | $2,755+38.1% |
| Participant deferral / active EE | $3,136 | $3,986-21.3% | $5,016-37.5% | $4,296-27.0% |
| Admin fee / account holder | $704 | $8,431-91.7% | $11,033-93.6% | $6,918-89.8% |