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.
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,504 | $94,625-56.1% | $116,228-64.3% | $84,808-51.1% |
| Participation rate | 34.0% | 70.4%-36.4pp | 74.6%-40.6pp | 68.3%-34.3pp |
| Annual return | 14.90% | 20.40%-5.5pp | 90.06%-75.2pp | 40.90%-26.0pp |
| Employer contribution / active EE | $954 | $2,347-59.3% | $2,994-68.1% | $2,631-63.7% |
| Participant deferral / active EE | $2,069 | $3,972-47.9% | $4,953-58.2% | $4,212-50.9% |
| Admin fee / account holder | $879 | $10,091-91.3% | $11,989-92.7% | $7,344-88.0% |