Filed August 26, 2022
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 | $12,689 | $45,035-71.8% | $62,995-79.9% | $70,131-81.9% |
| Participation rate | 74.5% | 69.5%+5.0pp | 74.8%-0.3pp | 69.5%+5.0pp |
| Annual return | 15.87% | 18.76%-2.9pp | 87.57%-71.7pp | 73.14%-57.3pp |
| Employer contribution / active EE | $503 | $2,051-75.5% | $2,759-81.8% | $2,342-78.5% |
| Participant deferral / active EE | $1,594 | $2,465-35.3% | $3,329-52.1% | $3,332-52.2% |
| Admin fee / account holder | $1,078 | $2,834-62.0% | $3,600-70.1% | $4,645-76.8% |