Filed May 4, 2022
Total covered: 5 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.
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 | $65,068 | $71,192-8.6% | $117,854-44.8% | $62,292+4.5% |
| Participation rate | 64.8% | 74.2%-9.5pp | 79.7%-14.9pp | 69.5%-4.8pp |
| Annual return | 17.25% | 18.66%-1.4pp | 335.08%-317.8pp | 28.90%-11.6pp |
| Employer contribution / active EE | $1,892 | $1,934-2.2% | $3,786-50.0% | $2,042-7.4% |
| Participant deferral / active EE | $3,104 | $3,189-2.7% | $4,482-30.7% | $3,169-2.1% |
| Admin fee / account holder | $1,181 | $587+101.0% | $8,020-85.3% | $479+146.3% |