Filed September 12, 2017
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 6-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 | $228,557 | $109,413+108.9% | $156,263+46.3% | $84,808+169.5% |
| Participation rate | 80.8% | 72.7%+8.1pp | 78.9%+1.9pp | 68.3%+12.5pp |
| Annual return | 18.62% | 20.18%-1.6pp | 59.47%-40.8pp | 40.90%-22.3pp |
| Employer contribution / active EE | $5,261 | $2,907+81.0% | $4,333+21.4% | $2,631+100.0% |
| Participant deferral / active EE | $12,717 | $4,590+177.1% | $6,158+106.5% | $4,212+201.9% |
| Admin fee / account holder | $3,144 | $9,357-66.4% | $14,255-77.9% | $7,344-57.2% |