Filed December 14, 2015
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 | $51,797 | $43,327+19.6% | $59,878-13.5% | $64,186-19.3% |
| Participation rate | 91.4% | 69.2%+22.3pp | 74.7%+16.7pp | 69.6%+21.9pp |
| Annual return | -0.44% | -1.55%+1.1pp | 3.46%-3.9pp | 7.63%-8.1pp |
| Employer contribution / active EE | $0 | $2,028-100.0% | $2,722-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $5,168 | $2,546+103.0% | $3,402+51.9% | $3,470+49.0% |
| Admin fee / account holder | $11,588 | $3,005+285.6% | $3,590+222.8% | $4,888+137.1% |