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 | $65,739 | $153,772-57.2% | $133,980-50.9% | $273,961-76.0% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.1%+12.9pp | 83.0%+17.0pp |
| Annual return | 7.77% | 36.51%-28.7pp | 29.30%-21.5pp | 41.45%-33.7pp |
| Employer contribution / active EE | $4,039 | $6,029-33.0% | $5,211-22.5% | $4,869-17.0% |
| Participant deferral / active EE | $3,277 | $6,958-52.9% | $6,282-47.8% | $5,287-38.0% |
| Admin fee / account holder | $6,338 | $11,765-46.1% | $9,324-32.0% | $10,132-37.4% |