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 | $72,150 | $125,758-42.6% | $169,993-57.6% | $75,163-4.0% |
| Participation rate | 87.9% | 83.6%+4.3pp | 87.0%+0.9pp | 67.2%+20.7pp |
| Annual return | 13.76% | 27.20%-13.4pp | 53.37%-39.6pp | 160.62%-146.9pp |
| Employer contribution / active EE | $2,130 | $4,615-53.8% | $6,785-68.6% | $2,670-20.2% |
| Participant deferral / active EE | $4,462 | $6,837-34.7% | $10,408-57.1% | $4,125+8.2% |
| Admin fee / account holder | $22,367 | $8,173+173.7% | $12,815+74.5% | $5,651+295.8% |