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 | $25,371 | $49,177-48.4% | $79,464-68.1% | $64,186-60.5% |
| Participation rate | 81.5% | 65.0%+16.5pp | 73.3%+8.1pp | 69.6%+11.9pp |
| Annual return | -5.41% | -1.16%-4.3pp | 718.14%-723.6pp | 7.63%-13.0pp |
| Employer contribution / active EE | $3,128 | $2,076+50.7% | $2,800+11.7% | $2,381+31.4% |
| Participant deferral / active EE | $4,925 | $2,821+74.6% | $3,704+33.0% | $3,470+41.9% |
| Admin fee / account holder | $3,855 | $3,839+0.4% | $5,113-24.6% | $4,888-21.1% |