Filed October 17, 2019 (most recent of 4 filings on file)
Total covered: 4 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $4,596 | $148,978-96.9% | $200,582-97.7% | $84,808-94.6% |
| Participation rate | 66.0% | 84.2%-18.2pp | 86.9%-20.8pp | 68.3%-2.3pp |
| Annual return | 7.32% | 28.16%-20.8pp | 42.33%-35.0pp | 40.90%-33.6pp |
| Employer contribution / active EE | $1,682 | $4,815-65.1% | $6,419-73.8% | $2,631-36.1% |
| Participant deferral / active EE | $3,813 | $7,142-46.6% | $9,331-59.1% | $4,212-9.5% |
| Admin fee / account holder | $61,656 | $13,977+341.1% | $16,305+278.2% | $7,344+739.6% |