Filed July 10, 2024 (most recent of 2 filings on file)
Total covered: 7 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $29,257 | $148,978-80.4% | $200,582-85.4% | $84,808-65.5% |
| Participation rate | 98.2% | 84.2%+14.0pp | 86.9%+11.4pp | 68.3%+29.9pp |
| Annual return | -7.84% | 28.16%-36.0pp | 42.33%-50.2pp | 40.90%-48.7pp |
| Employer contribution / active EE | $1,175 | $4,815-75.6% | $6,419-81.7% | $2,631-55.4% |
| Participant deferral / active EE | $0 | $7,142-100.0% | $9,331-100.0% | $4,212-100.0% |
| Admin fee / account holder | $897 | $13,977-93.6% | $16,305-94.5% | $7,344-87.8% |