Filed July 25, 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 | $51,732 | $51,576+0.3% | $129,207-60.0% | $80,856-36.0% |
| Participation rate | 75.6% | 57.0%+18.6pp | 69.6%+5.9pp | 67.6%+7.9pp |
| Annual return | 11.46% | 20.81%-9.3pp | 9417.33%-9405.9pp | 35.59%-24.1pp |
| Employer contribution / active EE | $7,872 | $1,584+397.1% | $4,153+89.6% | $2,755+185.8% |
| Participant deferral / active EE | $0 | $2,669-100.0% | $4,168-100.0% | $4,296-100.0% |
| Admin fee / account holder | $30,066 | $4,305+598.4% | $7,715+289.7% | $6,918+334.6% |