Filed June 10, 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 | $21,955 | $49,177-55.4% | $79,464-72.4% | $64,186-65.8% |
| Participation rate | 74.5% | 65.0%+9.5pp | 73.3%+1.2pp | 69.6%+4.9pp |
| Annual return | 30.74% | -1.16%+31.9pp | 718.14%-687.4pp | 7.63%+23.1pp |
| Employer contribution / active EE | $1,572 | $2,076-24.3% | $2,800-43.8% | $2,381-34.0% |
| Participant deferral / active EE | $2,343 | $2,821-16.9% | $3,704-36.7% | $3,470-32.5% |
| Admin fee / account holder | $3,094 | $3,839-19.4% | $5,113-39.5% | $4,888-36.7% |