Filed January 30, 2023
Total covered: 25 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $223,554 | $101,724+119.8% | $164,813+35.6% | $80,856+176.5% |
| Participation rate | 96.4% | 71.8%+24.6pp | 78.6%+17.8pp | 67.6%+28.8pp |
| Annual return | 30.89% | 16.72%+14.2pp | 69.93%-39.0pp | 35.59%-4.7pp |
| Employer contribution / active EE | $18,047 | $2,953+511.0% | $4,341+315.8% | $2,755+555.1% |
| Participant deferral / active EE | $0 | $4,477-100.0% | $6,031-100.0% | $4,296-100.0% |
| Admin fee / account holder | $14,709 | $8,227+78.8% | $12,690+15.9% | $6,918+112.6% |