Filed June 12, 2020
Total covered: 3 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 5-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 | $61,420 | $53,127+15.6% | $86,590-29.1% | $70,131-12.4% |
| Participation rate | 93.8% | 65.3%+28.4pp | 73.5%+20.2pp | 69.5%+24.2pp |
| Annual return | 23.86% | 27.66%-3.8pp | 964.84%-941.0pp | 73.14%-49.3pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $2,839-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $7,225 | $2,696+168.0% | $3,609+100.2% | $3,332+116.8% |
| Admin fee / account holder | $2,518 | $3,585-29.8% | $4,906-48.7% | $4,645-45.8% |