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.)
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 | $30,054 | $123,793-75.7% | $177,821-83.1% | $79,858-62.4% |
| Participation rate | 88.8% | 84.7%+4.1pp | 87.7%+1.0pp | 69.6%+19.1pp |
| Annual return | 13.24% | 22.82%-9.6pp | 48.32%-35.1pp | 31.71%-18.5pp |
| Employer contribution / active EE | $621 | $4,095-84.8% | $5,918-89.5% | $2,471-74.9% |
| Participant deferral / active EE | $2,779 | $5,956-53.3% | $7,714-64.0% | $3,740-25.7% |
| Admin fee / account holder | $1,226 | $7,243-83.1% | $12,427-90.1% | $5,306-76.9% |