Filed May 21, 2021 (most recent of 2 filings on file)
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 8-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.
Employer 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.)
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 | $12,601 | $85,202-85.2% | $172,739-92.7% | $72,985-82.7% |
| Participation rate | 25.8% | 70.1%-44.3pp | 82.6%-56.9pp | 69.5%-43.7pp |
| Annual return | 29.83% | 27.32%+2.5pp | 802.84%-773.0pp | 81.00%-51.2pp |
| Employer contribution / active EE | $341 | $3,324-89.8% | $5,143-93.4% | $2,440-86.0% |
| Participant deferral / active EE | $1,114 | $3,260-65.8% | $5,198-78.6% | $3,607-69.1% |
| Admin fee / account holder | $1,329 | $5,884-77.4% | $13,954-90.5% | $5,124-74.1% |