Filed March 31, 2023
Total covered: 7 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 3-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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,585 | $51,175-96.9% | $70,515-97.8% | $75,163-97.9% |
| Participation rate | 95.8% | 60.9%+34.9pp | 68.3%+27.5pp | 67.2%+28.6pp |
| Annual return | -140.53% | 30.02%-170.6pp | 32.77%-173.3pp | 160.62%-301.1pp |
| Employer contribution / active EE | $19,802 | $1,826+984.4% | $2,973+566.0% | $2,670+641.7% |
| Participant deferral / active EE | $0 | $2,849-100.0% | $4,567-100.0% | $4,125-100.0% |
| Admin fee / account holder | $12,042 | $4,091+194.4% | $6,412+87.8% | $5,651+113.1% |