Filed February 19, 2020 (most recent of 2 filings on file)
Total covered: 3 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 | $61,036 | $85,766-28.8% | $136,294-55.2% | $70,131-13.0% |
| Participation rate | 57.6% | 74.2%-16.6pp | 81.9%-24.3pp | 69.5%-12.0pp |
| Annual return | 16.00% | 31.45%-15.5pp | 5155.94%-5139.9pp | 73.14%-57.1pp |
| Employer contribution / active EE | $1,795 | $2,966-39.5% | $4,695-61.8% | $2,342-23.4% |
| Participant deferral / active EE | $3,954 | $5,051-21.7% | $6,247-36.7% | $3,332+18.7% |
| Admin fee / account holder | $22,398 | $5,420+313.2% | $9,243+142.3% | $4,645+382.2% |