Filed January 27, 2022 (most recent of 2 filings on file)
Total covered: 8 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,073 | $125,758-39.5% | $169,993-55.2% | $75,163+1.2% |
| Participation rate | 54.3% | 83.6%-29.2pp | 87.0%-32.7pp | 67.2%-12.8pp |
| Annual return | 21.06% | 27.20%-6.1pp | 53.37%-32.3pp | 160.62%-139.6pp |
| Employer contribution / active EE | $606 | $4,615-86.9% | $6,785-91.1% | $2,670-77.3% |
| Participant deferral / active EE | $3,083 | $6,837-54.9% | $10,408-70.4% | $4,125-25.3% |
| Admin fee / account holder | $1,664 | $8,173-79.6% | $12,815-87.0% | $5,651-70.6% |