Filed November 18, 2021
Total covered: 4 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 8-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 | $101,671 | $148,978-31.8% | $200,582-49.3% | $84,808+19.9% |
| Participation rate | 67.9% | 84.2%-16.4pp | 86.9%-19.0pp | 68.3%-0.5pp |
| Annual return | 16.66% | 28.16%-11.5pp | 42.33%-25.7pp | 40.90%-24.2pp |
| Employer contribution / active EE | $2,777 | $4,815-42.3% | $6,419-56.7% | $2,631+5.5% |
| Participant deferral / active EE | $5,899 | $7,142-17.4% | $9,331-36.8% | $4,212+40.1% |
| Admin fee / account holder | $1,742 | $13,977-87.5% | $16,305-89.3% | $7,344-76.3% |