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.
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.)
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 | $23,790 | $109,359-78.2% | $162,163-85.3% | $72,985-67.4% |
| Participation rate | 100.0% | 84.3%+15.7pp | 87.6%+12.4pp | 69.5%+30.5pp |
| Annual return | 20.55% | 25.46%-4.9pp | 115.59%-95.0pp | 81.00%-60.5pp |
| Employer contribution / active EE | $628 | $3,907-83.9% | $5,614-88.8% | $2,440-74.2% |
| Participant deferral / active EE | $2,792 | $5,481-49.1% | $7,298-61.7% | $3,607-22.6% |
| Admin fee / account holder | $2,774 | $7,972-65.2% | $10,843-74.4% | $5,124-45.9% |