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 | $146,267-30.5% | $197,124-48.4% | $82,448+23.3% |
| Participation rate | 67.9% | 84.0%-16.2pp | 86.7%-18.9pp | 68.1%-0.2pp |
| Annual return | 16.66% | 29.61%-13.0pp | 44.34%-27.7pp | 41.64%-25.0pp |
| Employer contribution / active EE | $2,777 | $4,723-41.2% | $6,227-55.4% | $2,551+8.8% |
| Participant deferral / active EE | $5,899 | $7,035-16.1% | $9,135-35.4% | $4,139+42.5% |
| Admin fee / account holder | $1,742 | $14,422-87.9% | $16,298-89.3% | $7,234-75.9% |