Filed October 6, 2017 (most recent of 2 filings on file)
Total covered: 4 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 9-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.
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,847 | $77,314-32.9% | $177,989-70.9% | $80,856-35.9% |
| Participation rate | 58.6% | 65.7%-7.1pp | 77.1%-18.5pp | 67.6%-9.0pp |
| Annual return | 15.41% | 18.09%-2.7pp | 294.48%-279.1pp | 35.59%-20.2pp |
| Employer contribution / active EE | $309 | $2,292-86.5% | $3,949-92.2% | $2,755-88.8% |
| Participant deferral / active EE | $3,151 | $4,411-28.6% | $6,276-49.8% | $4,296-26.7% |
| Admin fee / account holder | $3,353 | $7,191-53.4% | $10,363-67.6% | $6,918-51.5% |