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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,423 | $138,347-44.0% | $184,203-58.0% | $80,856-4.2% |
| Participation rate | 58.2% | 83.9%-25.6pp | 86.8%-28.6pp | 67.6%-9.4pp |
| Annual return | 11.64% | 20.02%-8.4pp | 28.81%-17.2pp | 35.59%-24.0pp |
| Employer contribution / active EE | $622 | $4,850-87.2% | $6,427-90.3% | $2,755-77.4% |
| Participant deferral / active EE | $3,313 | $7,071-53.1% | $9,131-63.7% | $4,296-22.9% |
| Admin fee / account holder | $4,539 | $10,483-56.7% | $13,901-67.3% | $6,918-34.4% |