Filed January 11, 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 4-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 | $72,533 | $83,902-13.6% | $167,512-56.7% | $84,808-14.5% |
| Participation rate | 72.5% | 66.5%+6.0pp | 77.1%-4.6pp | 68.3%+4.2pp |
| Annual return | 18.62% | 91.55%-72.9pp | 1615.79%-1597.2pp | 40.90%-22.3pp |
| Employer contribution / active EE | $2,853 | $2,264+26.0% | $3,882-26.5% | $2,631+8.4% |
| Participant deferral / active EE | $6,790 | $4,442+52.8% | $6,405+6.0% | $4,212+61.2% |
| Admin fee / account holder | $2,647 | $7,915-66.6% | $9,769-72.9% | $7,344-64.0% |