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.)
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 | $25,097 | $87,013-71.2% | $106,213-76.4% | $80,856-69.0% |
| Participation rate | 67.4% | 70.4%-3.0pp | 75.3%-7.9pp | 67.6%-0.2pp |
| Annual return | 14.93% | 17.05%-2.1pp | 116.14%-101.2pp | 35.59%-20.7pp |
| Employer contribution / active EE | $2,845 | $2,395+18.8% | $3,171-10.3% | $2,755+3.3% |
| Participant deferral / active EE | $0 | $3,986-100.0% | $5,016-100.0% | $4,296-100.0% |
| Admin fee / account holder | $2,479 | $8,431-70.6% | $11,033-77.5% | $6,918-64.2% |