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.
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 | $18,808 | $86,929-78.4% | $102,423-81.6% | $80,856-76.7% |
| Participation rate | 71.9% | 72.4%-0.4pp | 76.5%-4.6pp | 67.6%+4.3pp |
| Annual return | 13.18% | 18.88%-5.7pp | 29.32%-16.1pp | 35.59%-22.4pp |
| Employer contribution / active EE | $1,008 | $2,369-57.5% | $3,023-66.7% | $2,755-63.4% |
| Participant deferral / active EE | $2,654 | $4,118-35.5% | $5,053-47.5% | $4,296-38.2% |
| Admin fee / account holder | $1,360 | $8,049-83.1% | $9,451-85.6% | $6,918-80.3% |