Filed September 9, 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 | $237,370 | $54,762+333.5% | $90,281+162.9% | $72,985+225.2% |
| Participation rate | 92.7% | 65.1%+27.5pp | 73.3%+19.4pp | 69.5%+23.2pp |
| Annual return | 24.43% | 30.63%-6.2pp | 78.10%-53.7pp | 81.00%-56.6pp |
| Employer contribution / active EE | $5,565 | $2,092+166.0% | $2,854+95.0% | $2,440+128.1% |
| Participant deferral / active EE | $14,224 | $2,887+392.7% | $3,885+266.1% | $3,607+294.3% |
| Admin fee / account holder | $27,866 | $3,972+601.5% | $5,351+420.7% | $5,124+443.8% |