Filed May 22, 2023 (most recent of 5 filings on file)
Total covered: 5 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.
Participant 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,517 | $82,032+21.3% | $123,104-19.2% | $59,632+66.9% |
| Participation rate | 71.0% | 83.2%-12.2pp | 86.8%-15.8pp | 68.7%+2.3pp |
| Annual return | -0.29% | 5.12%-5.4pp | 13.22%-13.5pp | 2041.28%-2041.6pp |
| Employer contribution / active EE | $1,171 | $3,297-64.5% | $5,151-77.3% | $2,203-46.8% |
| Participant deferral / active EE | $1,746 | $4,667-62.6% | $6,230-72.0% | $3,192-45.3% |
| Admin fee / account holder | $1,402 | $5,881-76.2% | $9,015-84.4% | $4,297-67.4% |