Filed May 2, 2016
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 | $73,872 | $138,347-46.6% | $184,203-59.9% | $80,856-8.6% |
| Participation rate | 95.7% | 83.9%+11.8pp | 86.8%+8.8pp | 67.6%+28.0pp |
| Annual return | 15.96% | 20.02%-4.1pp | 28.81%-12.8pp | 35.59%-19.6pp |
| Employer contribution / active EE | $8,245 | $4,850+70.0% | $6,427+28.3% | $2,755+199.3% |
| Participant deferral / active EE | $5,071 | $7,071-28.3% | $9,131-44.5% | $4,296+18.0% |
| Admin fee / account holder | $3,607 | $10,483-65.6% | $13,901-74.0% | $6,918-47.9% |