Filed March 9, 2020 (most recent of 2 filings on file)
Total covered: 6 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 9-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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,128 | $82,664+21.1% | $125,339-20.1% | $68,494+46.2% |
| Participation rate | 58.3% | 75.0%-16.7pp | 82.4%-24.0pp | 67.9%-9.6pp |
| Annual return | -19.69% | -5.97%-13.7pp | 572.05%-591.7pp | -7.84%-11.8pp |
| Employer contribution / active EE | $2,415 | $3,381-28.6% | $4,814-49.8% | $2,596-7.0% |
| Participant deferral / active EE | $5,513 | $6,110-9.8% | $7,446-26.0% | $4,027+36.9% |
| Admin fee / account holder | $4,648 | $6,275-25.9% | $10,010-53.6% | $5,403-14.0% |