Filed November 8, 2022 (most recent of 2 filings on file)
Total covered: 3 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $10,266 | $80,968-87.3% | $96,544-89.4% | $75,163-86.3% |
| Participation rate | 61.3% | 71.8%-10.5pp | 76.0%-14.7pp | 67.2%-5.9pp |
| Annual return | 18.47% | 27.06%-8.6pp | 25.84%-7.4pp | 160.62%-142.1pp |
| Employer contribution / active EE | $949 | $2,282-58.4% | $2,965-68.0% | $2,670-64.4% |
| Participant deferral / active EE | $2,295 | $3,928-41.6% | $4,851-52.7% | $4,125-44.4% |
| Admin fee / account holder | $1,321 | $6,724-80.4% | $8,252-84.0% | $5,651-76.6% |