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 | $89,760 | $148,978-39.7% | $200,582-55.3% | $84,808+5.8% |
| Participation rate | 57.4% | 84.2%-26.8pp | 86.9%-29.4pp | 68.3%-10.9pp |
| Annual return | 14.53% | 28.16%-13.6pp | 42.33%-27.8pp | 40.90%-26.4pp |
| Employer contribution / active EE | $624 | $4,815-87.0% | $6,419-90.3% | $2,631-76.3% |
| Participant deferral / active EE | $3,504 | $7,142-50.9% | $9,331-62.5% | $4,212-16.8% |
| Admin fee / account holder | $7,904 | $13,977-43.5% | $16,305-51.5% | $7,344+7.6% |