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.
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 | $38,690 | $105,860-63.5% | $90,749-57.4% | $134,475-71.2% |
| Participation rate | 93.8% | 78.2%+15.5pp | 75.7%+18.1pp | 81.2%+12.5pp |
| Annual return | -2.33% | -11.01%+8.7pp | -12.16%+9.8pp | 417.96%-420.3pp |
| Employer contribution / active EE | $1,896 | $3,462-45.2% | $2,921-35.1% | $4,740-60.0% |
| Participant deferral / active EE | $3,288 | $5,216-37.0% | $4,564-28.0% | $6,400-48.6% |
| Admin fee / account holder | $5,812 | $13,938-58.3% | $8,445-31.2% | $11,426-49.1% |