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 | $104,805 | $46,674+124.5% | $117,472-10.8% | $68,494+53.0% |
| Participation rate | 74.5% | 56.8%+17.7pp | 70.6%+3.9pp | 67.9%+6.6pp |
| Annual return | -15.48% | -14.52%-1.0pp | 29.74%-45.2pp | -7.84%-7.6pp |
| Employer contribution / active EE | $1,668 | $1,505+10.8% | $4,176-60.1% | $2,596-35.8% |
| Participant deferral / active EE | $5,647 | $2,636+114.2% | $4,070+38.7% | $4,027+40.2% |
| Admin fee / account holder | $4,825 | $4,020+20.0% | $5,645-14.5% | $5,403-10.7% |