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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,173 | $125,758-68.9% | $169,993-77.0% | $75,163-47.9% |
| Participation rate | 88.3% | 83.6%+4.7pp | 87.0%+1.3pp | 67.2%+21.1pp |
| Annual return | 10.14% | 27.20%-17.1pp | 53.37%-43.2pp | 160.62%-150.5pp |
| Employer contribution / active EE | $760 | $4,615-83.5% | $6,785-88.8% | $2,670-71.5% |
| Participant deferral / active EE | $3,547 | $6,837-48.1% | $10,408-65.9% | $4,125-14.0% |
| Admin fee / account holder | $5,512 | $8,173-32.6% | $12,815-57.0% | $5,651-2.5% |