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.
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 | $17,781 | $91,190-80.5% | $178,490-90.0% | $79,858-77.7% |
| Participation rate | 31.3% | 69.2%-37.9pp | 81.9%-50.6pp | 69.6%-38.3pp |
| Annual return | 24.57% | 24.19%+0.4pp | 151.07%-126.5pp | 31.71%-7.1pp |
| Employer contribution / active EE | $502 | $3,256-84.6% | $5,011-90.0% | $2,471-79.7% |
| Participant deferral / active EE | $1,356 | $3,236-58.1% | $5,202-73.9% | $3,740-63.7% |
| Admin fee / account holder | $1,895 | $6,751-71.9% | $13,984-86.5% | $5,306-64.3% |