Filed July 8, 2024 (most recent of 13 filings on file)
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.
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 | $52,810 | $63,904-17.4% | $89,340-40.9% | $67,986-22.3% |
| Participation rate | 50.8% | 54.3%-3.5pp | 69.6%-18.8pp | 57.2%-6.4pp |
| Annual return | 15.82% | 18.09%-2.3pp | 20.57%-4.8pp | 31.67%-15.8pp |
| Employer contribution / active EE | $1,367 | $1,627-16.0% | $2,231-38.7% | $2,019-32.3% |
| Participant deferral / active EE | $1,959 | $2,691-27.2% | $3,823-48.8% | $3,358-41.7% |
| Admin fee / account holder | $5,457 | $3,315+64.6% | $6,704-18.6% | $3,203+70.4% |