Filed August 10, 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 3-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 | $43,221 | $95,803-54.9% | $113,168-61.8% | $84,808-49.0% |
| Participation rate | 96.4% | 72.9%+23.6pp | 76.6%+19.9pp | 68.3%+28.1pp |
| Annual return | 15.01% | 25.00%-10.0pp | 24.27%-9.3pp | 40.90%-25.9pp |
| Employer contribution / active EE | $3,096 | $2,360+31.2% | $2,975+4.1% | $2,631+17.7% |
| Participant deferral / active EE | $5,478 | $4,242+29.1% | $5,107+7.3% | $4,212+30.1% |
| Admin fee / account holder | $5,014 | $8,989-44.2% | $12,068-58.5% | $7,344-31.7% |