Filed January 19, 2024
Total covered: 19 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,598 | $87,841-36.7% | $133,980-58.5% | $62,891-11.6% |
| Participation rate | 79.4% | 83.4%-4.0pp | 87.1%-7.7pp | 69.3%+10.1pp |
| Annual return | 4.75% | 12.05%-7.3pp | 29.30%-24.6pp | 20.14%-15.4pp |
| Employer contribution / active EE | $1,598 | $3,483-54.1% | $5,211-69.3% | $2,281-29.9% |
| Participant deferral / active EE | $3,306 | $4,812-31.3% | $6,282-47.4% | $3,203+3.2% |
| Admin fee / account holder | $982 | $5,371-81.7% | $9,324-89.5% | $4,296-77.1% |