Filed November 12, 2024 (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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,856 | $83,477+35.2% | $125,175-9.8% | $72,985+54.6% |
| Participation rate | 64.6% | 73.3%-8.7pp | 79.8%-15.2pp | 69.5%-4.9pp |
| Annual return | 17.56% | 25.78%-8.2pp | 43.79%-26.2pp | 81.00%-63.4pp |
| Employer contribution / active EE | $1,769 | $2,345-24.6% | $3,865-54.2% | $2,440-27.5% |
| Participant deferral / active EE | $5,151 | $3,585+43.7% | $4,937+4.3% | $3,607+42.8% |
| Admin fee / account holder | $15,152 | $5,517+174.6% | $9,702+56.2% | $5,124+195.7% |