Filed July 28, 2021
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $87,046 | $102,382-15.0% | $147,005-40.8% | $80,874+7.6% |
| Participation rate | 63.3% | 75.8%-12.5pp | 82.2%-18.8pp | 67.6%-4.3pp |
| Annual return | 10.80% | 134.89%-124.1pp | 418.76%-408.0pp | 35.62%-24.8pp |
| Employer contribution / active EE | $606 | $3,715-83.7% | $4,934-87.7% | $2,756-78.0% |
| Participant deferral / active EE | $6,552 | $6,646-1.4% | $8,070-18.8% | $4,297+52.5% |
| Admin fee / account holder | $6,559 | $7,942-17.4% | $13,006-49.6% | $6,935-5.4% |