Filed December 8, 2023 (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 9-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 | $34,843 | $110,257-68.4% | $96,544-63.9% | $139,434-75.0% |
| Participation rate | 50.0% | 78.1%-28.1pp | 76.0%-26.0pp | 80.3%-30.3pp |
| Annual return | 11.28% | 26.32%-15.0pp | 25.84%-14.6pp | 372.94%-361.7pp |
| Employer contribution / active EE | $2,073 | $3,620-42.7% | $2,965-30.1% | $4,751-56.4% |
| Participant deferral / active EE | $2,918 | $5,548-47.4% | $4,851-39.8% | $6,710-56.5% |
| Admin fee / account holder | $4,589 | $11,591-60.4% | $8,252-44.4% | $11,403-59.8% |