Filed February 3, 2021 (most recent of 2 filings on file)
Total covered: 2 employees
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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.
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 | $101,207 | $88,360+14.5% | $145,433-30.4% | $67,986+48.9% |
| Participation rate | 49.5% | 65.5%-16.0pp | 82.1%-32.6pp | 57.2%-7.7pp |
| Annual return | 17.96% | 63.15%-45.2pp | 66.58%-48.6pp | 31.67%-13.7pp |
| Employer contribution / active EE | $1,270 | $3,054-58.4% | $4,554-72.1% | $2,019-37.1% |
| Participant deferral / active EE | $2,621 | $5,932-55.8% | $7,897-66.8% | $3,358-21.9% |
| Admin fee / account holder | $4,027 | $3,313+21.5% | $13,129-69.3% | $3,203+25.7% |