Filed April 18, 2022
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 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.
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 | $89,646 | $135,952-34.1% | $123,892-27.6% | $273,961-67.3% |
| Participation rate | 73.3% | 84.1%-10.7pp | 81.4%-8.1pp | 83.0%-9.7pp |
| Annual return | 6.91% | 56.63%-49.7pp | 47.52%-40.6pp | 41.45%-34.5pp |
| Employer contribution / active EE | $1,325 | $5,170-74.4% | $4,617-71.3% | $4,869-72.8% |
| Participant deferral / active EE | $4,323 | $6,343-31.8% | $5,984-27.8% | $5,287-18.2% |
| Admin fee / account holder | $653 | $9,817-93.3% | $8,357-92.2% | $10,132-93.6% |