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.
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 | $50,597 | $98,750-48.8% | $149,696-66.2% | $79,858-36.6% |
| Participation rate | 36.9% | 75.8%-38.9pp | 82.5%-45.6pp | 69.6%-32.7pp |
| Annual return | 12.32% | 27.43%-15.1pp | 276.60%-264.3pp | 31.71%-19.4pp |
| Employer contribution / active EE | $983 | $3,216-69.4% | $4,644-78.8% | $2,471-60.2% |
| Participant deferral / active EE | $2,195 | $5,680-61.4% | $6,842-67.9% | $3,740-41.3% |
| Admin fee / account holder | $14,853 | $6,053+145.4% | $9,309+59.6% | $5,306+179.9% |