Filed November 4, 2020 (most recent of 2 filings on file)
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,753 | $110,094-6.7% | $151,611-32.2% | $68,494+50.0% |
| Participation rate | 68.5% | 84.0%-15.4pp | 87.5%-19.0pp | 67.9%+0.7pp |
| Annual return | -18.81% | -10.12%-8.7pp | 3.33%-22.1pp | -7.84%-11.0pp |
| Employer contribution / active EE | $3,476 | $4,471-22.2% | $6,166-43.6% | $2,596+33.9% |
| Participant deferral / active EE | $2,509 | $6,527-61.6% | $8,363-70.0% | $4,027-37.7% |
| Admin fee / account holder | $747 | $7,719-90.3% | $11,616-93.6% | $5,403-86.2% |