Filed July 28, 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 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 | $231,735 | $152,651+51.8% | $105,218+120.2% | $125,391+84.8% |
| Participation rate | 100.0% | 81.5%+18.5pp | 77.2%+22.8pp | 83.2%+16.8pp |
| Annual return | 0.31% | 8.24%-7.9pp | 5.33%-5.0pp | 282.22%-281.9pp |
| Employer contribution / active EE | $7,435 | $4,802+54.8% | $3,255+128.4% | $4,866+52.8% |
| Participant deferral / active EE | $14,411 | $6,660+116.4% | $4,867+196.1% | $5,352+169.3% |
| Admin fee / account holder | $8,203 | $14,248-42.4% | $6,992+17.3% | $9,540-14.0% |