Filed February 13, 2024
Total covered: 2 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 | $77,434 | $110,094-29.7% | $151,611-48.9% | $68,494+13.1% |
| Participation rate | 84.8% | 84.0%+0.9pp | 87.5%-2.6pp | 67.9%+17.0pp |
| Annual return | -8.87% | -10.12%+1.3pp | 3.33%-12.2pp | -7.84%-1.0pp |
| Employer contribution / active EE | $2,108 | $4,471-52.8% | $6,166-65.8% | $2,596-18.8% |
| Participant deferral / active EE | $4,623 | $6,527-29.2% | $8,363-44.7% | $4,027+14.8% |
| Admin fee / account holder | $322 | $7,719-95.8% | $11,616-97.2% | $5,403-94.0% |