Filed May 24, 2024 (most recent of 3 filings on file)
Total covered: 7 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 | $133,908 | $82,032+63.2% | $123,104+8.8% | $59,632+124.6% |
| Participation rate | 94.1% | 83.2%+10.9pp | 86.8%+7.3pp | 68.7%+25.4pp |
| Annual return | -0.52% | 5.12%-5.6pp | 13.22%-13.7pp | 2041.28%-2041.8pp |
| Employer contribution / active EE | $3,164 | $3,297-4.0% | $5,151-38.6% | $2,203+43.7% |
| Participant deferral / active EE | $7,004 | $4,667+50.1% | $6,230+12.4% | $3,192+119.4% |
| Admin fee / account holder | $1,933 | $5,881-67.1% | $9,015-78.6% | $4,297-55.0% |