Filed February 19, 2021 (most recent of 7 filings on file)
Total covered: 34 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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,189 | $94,625-74.4% | $116,228-79.2% | $84,808-71.5% |
| Participation rate | 68.8% | 70.4%-1.7pp | 74.6%-5.8pp | 68.3%+0.4pp |
| Annual return | -2.51% | 20.40%-22.9pp | 90.06%-92.6pp | 40.90%-43.4pp |
| Employer contribution / active EE | $2,792 | $2,347+19.0% | $2,994-6.8% | $2,631+6.1% |
| Participant deferral / active EE | $0 | $3,972-100.0% | $4,953-100.0% | $4,212-100.0% |
| Admin fee / account holder | $1,150 | $10,091-88.6% | $11,989-90.4% | $7,344-84.3% |