Filed December 11, 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 | $50,353 | $57,065-11.8% | $75,670-33.5% | $70,131-28.2% |
| Participation rate | 77.4% | 68.1%+9.3pp | 72.3%+5.1pp | 69.5%+7.9pp |
| Annual return | 17.40% | 23.57%-6.2pp | 27.34%-9.9pp | 73.14%-55.7pp |
| Employer contribution / active EE | $789 | $1,817-56.6% | $2,352-66.4% | $2,342-66.3% |
| Participant deferral / active EE | $3,796 | $2,580+47.1% | $3,142+20.8% | $3,332+13.9% |
| Admin fee / account holder | $6,304 | $3,825+64.8% | $5,800+8.7% | $4,645+35.7% |