Filed October 31, 2024
Total covered: 2 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $8,406 | $43,327-80.6% | $59,878-86.0% | $64,186-86.9% |
| Participation rate | 70.8% | 69.2%+1.7pp | 74.7%-3.9pp | 69.6%+1.3pp |
| Annual return | -8.06% | -1.55%-6.5pp | 3.46%-11.5pp | 7.63%-15.7pp |
| Employer contribution / active EE | $1,048 | $2,028-48.3% | $2,722-61.5% | $2,381-56.0% |
| Participant deferral / active EE | $1,974 | $2,546-22.5% | $3,402-42.0% | $3,470-43.1% |
| Admin fee / account holder | $395 | $3,005-86.8% | $3,590-89.0% | $4,888-91.9% |