Filed November 15, 2023 (most recent of 3 filings on file)
Total covered: 8 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.
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 | $67,285 | $53,516+25.7% | $126,539-46.8% | $84,808-20.7% |
| Participation rate | 49.3% | 58.2%-8.9pp | 69.8%-20.5pp | 68.3%-19.0pp |
| Annual return | 12.27% | 58.34%-46.1pp | 425.95%-413.7pp | 40.90%-28.6pp |
| Employer contribution / active EE | $1,881 | $1,535+22.5% | $3,674-48.8% | $2,631-28.5% |
| Participant deferral / active EE | $2,357 | $2,671-11.7% | $4,083-42.3% | $4,212-44.0% |
| Admin fee / account holder | $17,871 | $4,497+297.4% | $6,065+194.7% | $7,344+143.3% |