Filed July 7, 2023
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,409 | $84,233-84.1% | $170,442-92.1% | $70,131-80.9% |
| Participation rate | 100.0% | 70.8%+29.2pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 22.87% | 23.06%-0.2pp | 205.93%-183.1pp | 73.14%-50.3pp |
| Employer contribution / active EE | $1,418 | $3,387-58.1% | $5,433-73.9% | $2,342-39.5% |
| Participant deferral / active EE | $1,918 | $3,086-37.8% | $4,939-61.2% | $3,332-42.4% |
| Admin fee / account holder | $483 | $5,698-91.5% | $13,880-96.5% | $4,645-89.6% |