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 | $36,953 | $45,863-19.4% | $77,024-52.0% | $68,494-46.0% |
| Participation rate | 59.7% | 55.9%+3.8pp | 67.9%-8.2pp | 67.9%-8.2pp |
| Annual return | -15.56% | 1.72%-17.3pp | 42.32%-57.9pp | -7.84%-7.7pp |
| Employer contribution / active EE | $1,665 | $1,650+1.0% | $2,812-40.8% | $2,596-35.9% |
| Participant deferral / active EE | $3,948 | $2,962+33.3% | $4,426-10.8% | $4,027-2.0% |
| Admin fee / account holder | $2,728 | $3,041-10.3% | $5,425-49.7% | $5,403-49.5% |