Filed September 21, 2021
Total covered: 6 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.)
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 | $35,933 | $109,359-67.1% | $162,163-77.8% | $72,985-50.8% |
| Participation rate | 78.6% | 84.3%-5.7pp | 87.6%-9.0pp | 69.5%+9.1pp |
| Annual return | 19.20% | 25.46%-6.3pp | 115.59%-96.4pp | 81.00%-61.8pp |
| Employer contribution / active EE | $4,579 | $3,907+17.2% | $5,614-18.4% | $2,440+87.7% |
| Participant deferral / active EE | $5,863 | $5,481+7.0% | $7,298-19.7% | $3,607+62.5% |
| Admin fee / account holder | $24,037 | $7,972+201.5% | $10,843+121.7% | $5,124+369.1% |