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 | $23,253 | $95,416-75.6% | $185,823-87.5% | $85,850-72.9% |
| Participation rate | 31.7% | 68.8%-37.1pp | 81.7%-50.0pp | 69.3%-37.6pp |
| Annual return | 15.75% | 23.59%-7.8pp | 122.05%-106.3pp | 318.53%-302.8pp |
| Employer contribution / active EE | $607 | $3,314-81.7% | $5,167-88.3% | $2,565-76.3% |
| Participant deferral / active EE | $1,674 | $3,423-51.1% | $5,568-69.9% | $3,952-57.6% |
| Admin fee / account holder | $3,345 | $7,213-53.6% | $16,237-79.4% | $6,260-46.6% |