Filed September 11, 2023
Total covered: 4 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.
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 | $21,765 | $48,076-54.7% | $78,689-72.3% | $62,891-65.4% |
| Participation rate | 76.9% | 65.2%+11.7pp | 73.6%+3.4pp | 69.3%+7.6pp |
| Annual return | 21.38% | 31.35%-10.0pp | 62.18%-40.8pp | 20.14%+1.2pp |
| Employer contribution / active EE | $2,879 | $2,015+42.9% | $2,851+1.0% | $2,281+26.2% |
| Participant deferral / active EE | $5,551 | $2,588+114.5% | $3,517+57.9% | $3,203+73.3% |
| Admin fee / account holder | $420 | $3,207-86.9% | $4,510-90.7% | $4,296-90.2% |