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 | $108,825+110.0% | $156,181+46.3% | $82,448+177.2% |
| Participation rate | 80.8% | 72.4%+8.4pp | 78.8%+1.9pp | 68.1%+12.7pp |
| Annual return | 18.62% | 20.59%-2.0pp | 64.87%-46.3pp | 41.64%-23.0pp |
| Employer contribution / active EE | $5,261 | $2,870+83.3% | $4,294+22.5% | $2,551+106.3% |
| Participant deferral / active EE | $12,717 | $4,577+177.8% | $6,132+107.4% | $4,139+207.2% |
| Admin fee / account holder | $3,144 | $9,341-66.3% | $14,586-78.4% | $7,234-56.5% |