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.
Participant 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.)
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 | $19,656 | $79,944-75.4% | $98,439-80.0% | $75,163-73.8% |
| Participation rate | 54.4% | 70.4%-16.0pp | 75.2%-20.8pp | 67.2%-12.8pp |
| Annual return | -6.62% | 19.75%-26.4pp | 21.16%-27.8pp | 160.62%-167.2pp |
| Employer contribution / active EE | $2,073 | $2,264-8.4% | $3,048-32.0% | $2,670-22.4% |
| Participant deferral / active EE | $0 | $3,752-100.0% | $4,738-100.0% | $4,125-100.0% |
| Admin fee / account holder | $344 | $6,840-95.0% | $8,948-96.2% | $5,651-93.9% |