Filed June 22, 2020
Total covered: 4 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.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,321 | $67,411-62.4% | $91,001-72.2% | $70,131-63.9% |
| Participation rate | 85.0% | 71.4%+13.6pp | 75.6%+9.4pp | 69.5%+15.5pp |
| Annual return | 16.02% | -40.16%+56.2pp | 4.60%+11.4pp | 73.14%-57.1pp |
| Employer contribution / active EE | $703 | $1,786-60.6% | $2,456-71.4% | $2,342-70.0% |
| Participant deferral / active EE | $945 | $2,823-66.5% | $3,547-73.4% | $3,332-71.6% |
| Admin fee / account holder | $2,997 | $4,236-29.3% | $5,417-44.7% | $4,645-35.5% |