Filed December 12, 2019
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 7-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.
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 | $33,015 | $109,817-69.9% | $98,442-66.5% | $167,490-80.3% |
| Participation rate | 62.5% | 75.8%-13.3pp | 73.3%-10.8pp | 82.1%-19.6pp |
| Annual return | 12.03% | 1956.69%-1944.7pp | 1492.73%-1480.7pp | 478.56%-466.5pp |
| Employer contribution / active EE | $1,444 | $3,224-55.2% | $2,960-51.2% | $4,837-70.1% |
| Participant deferral / active EE | $4,291 | $4,673-8.2% | $4,276+0.3% | $6,341-32.3% |
| Admin fee / account holder | $1,532 | $6,753-77.3% | $5,949-74.2% | $12,309-87.6% |