Filed April 29, 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 | $60,788 | $65,703-7.5% | $94,224-35.5% | $59,632+1.9% |
| Participation rate | 90.7% | 72.1%+18.6pp | 78.8%+12.0pp | 68.7%+22.1pp |
| Annual return | -0.09% | 5.22%-5.3pp | 10.68%-10.8pp | 2041.28%-2041.4pp |
| Employer contribution / active EE | $2,529 | $2,021+25.1% | $3,587-29.5% | $2,203+14.8% |
| Participant deferral / active EE | $4,247 | $3,143+35.1% | $4,320-1.7% | $3,192+33.1% |
| Admin fee / account holder | $5,071 | $4,264+18.9% | $6,269-19.1% | $4,297+18.0% |