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 | $59,962 | $45,073+33.0% | $69,455-13.7% | $72,985-17.8% |
| Participation rate | 92.5% | 68.5%+24.0pp | 74.6%+17.9pp | 69.5%+23.0pp |
| Annual return | 27.22% | 22.65%+4.6pp | 28.97%-1.7pp | 81.00%-53.8pp |
| Employer contribution / active EE | $0 | $2,054-100.0% | $2,779-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $4,934 | $2,602+89.6% | $3,535+39.5% | $3,607+36.8% |
| Admin fee / account holder | $3,299 | $3,056+8.0% | $3,839-14.1% | $5,124-35.6% |