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 | $33,887 | $123,793-72.6% | $177,821-80.9% | $79,858-57.6% |
| Participation rate | 90.6% | 84.7%+6.0pp | 87.7%+2.9pp | 69.6%+21.0pp |
| Annual return | 17.87% | 22.82%-5.0pp | 48.32%-30.5pp | 31.71%-13.8pp |
| Employer contribution / active EE | $5,325 | $4,095+30.0% | $5,918-10.0% | $2,471+115.5% |
| Participant deferral / active EE | $6,718 | $5,956+12.8% | $7,714-12.9% | $3,740+79.6% |
| Admin fee / account holder | $13,452 | $7,243+85.7% | $12,427+8.2% | $5,306+153.5% |