Filed May 10, 2023
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.
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 | $56,187 | $146,267-61.6% | $197,124-71.5% | $82,448-31.9% |
| Participation rate | 93.1% | 84.0%+9.1pp | 86.7%+6.4pp | 68.1%+25.0pp |
| Annual return | 19.97% | 29.61%-9.6pp | 44.34%-24.4pp | 41.64%-21.7pp |
| Employer contribution / active EE | $4,406 | $4,723-6.7% | $6,227-29.2% | $2,551+72.7% |
| Participant deferral / active EE | $3,879 | $7,035-44.9% | $9,135-57.5% | $4,139-6.3% |
| Admin fee / account holder | $3,908 | $14,422-72.9% | $16,298-76.0% | $7,234-46.0% |