Filed June 16, 2022
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.
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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,059 | $44,873-84.3% | $79,464-91.1% | $56,287-87.5% |
| Participation rate | 73.5% | 68.7%+4.8pp | 73.3%+0.2pp | 69.9%+3.7pp |
| Annual return | 9.37% | 0.81%+8.6pp | 718.14%-708.8pp | -9.96%+19.3pp |
| Employer contribution / active EE | $0 | $2,140-100.0% | $2,800-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $3,340 | $2,746+21.6% | $3,704-9.8% | $3,350-0.3% |
| Admin fee / account holder | $488 | $418+16.7% | $5,113-90.5% | $521-6.3% |