Filed October 8, 2019 (most recent of 3 filings on file)
Total covered: 2 employees
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,694 | $77,634-88.8% | $156,549-94.4% | $62,891-86.2% |
| Participation rate | 66.7% | 71.2%-4.5pp | 84.0%-17.3pp | 69.3%-2.6pp |
| Annual return | 20.10% | 50.32%-30.2pp | 32.23%-12.1pp | 20.14%0pp |
| Employer contribution / active EE | $370 | $3,444-89.3% | $5,501-93.3% | $2,281-83.8% |
| Participant deferral / active EE | $348 | $3,045-88.6% | $4,871-92.9% | $3,203-89.1% |
| Admin fee / account holder | $5,189 | $5,561-6.7% | $13,027-60.2% | $4,296+20.8% |