Filed June 2, 2021
Total covered: 2 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,800 | $95,803-27.1% | $113,168-38.3% | $84,808-17.7% |
| Participation rate | 65.6% | 72.9%-7.2pp | 76.6%-10.9pp | 68.3%-2.7pp |
| Annual return | 16.11% | 25.00%-8.9pp | 24.27%-8.2pp | 40.90%-24.8pp |
| Employer contribution / active EE | $1,802 | $2,360-23.6% | $2,975-39.4% | $2,631-31.5% |
| Participant deferral / active EE | $3,320 | $4,242-21.7% | $5,107-35.0% | $4,212-21.2% |
| Admin fee / account holder | $11,798 | $8,989+31.2% | $12,068-2.2% | $7,344+60.6% |