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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,305 | $94,529-35.1% | $140,016-56.2% | $64,186-4.5% |
| Participation rate | 82.4% | 84.1%-1.7pp | 87.5%-5.1pp | 69.6%+12.8pp |
| Annual return | -3.75% | 7.77%-11.5pp | 651.12%-654.9pp | 7.63%-11.4pp |
| Employer contribution / active EE | $1,805 | $3,812-52.7% | $5,606-67.8% | $2,381-24.2% |
| Participant deferral / active EE | $3,612 | $5,250-31.2% | $6,927-47.9% | $3,470+4.1% |
| Admin fee / account holder | $732 | $6,741-89.1% | $10,705-93.2% | $4,888-85.0% |