Filed November 5, 2019 (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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,102 | $56,897+61.9% | $84,750+8.7% | $62,891+46.4% |
| Participation rate | 59.4% | 68.5%-9.1pp | 76.6%-17.2pp | 69.3%-9.9pp |
| Annual return | 8.01% | 6.30%+1.7pp | 22.78%-14.8pp | 20.14%-12.1pp |
| Employer contribution / active EE | $842 | $2,400-64.9% | $3,574-76.4% | $2,281-63.1% |
| Participant deferral / active EE | $4,348 | $2,709+60.5% | $3,712+17.1% | $3,203+35.7% |
| Admin fee / account holder | $2,602 | $3,581-27.3% | $5,332-51.2% | $4,296-39.4% |