Filed January 3, 2025
Total covered: 8 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,802 | $94,529-62.1% | $140,016-74.4% | $64,186-44.2% |
| Participation rate | 71.9% | 84.1%-12.2pp | 87.5%-15.6pp | 69.6%+2.3pp |
| Annual return | -8.76% | 7.77%-16.5pp | 651.12%-659.9pp | 7.63%-16.4pp |
| Employer contribution / active EE | $630 | $3,812-83.5% | $5,606-88.8% | $2,381-73.5% |
| Participant deferral / active EE | $2,277 | $5,250-56.6% | $6,927-67.1% | $3,470-34.4% |
| Admin fee / account holder | $1,788 | $6,741-73.5% | $10,705-83.3% | $4,888-63.4% |