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 | $22,181 | $73,867-70.0% | $143,757-84.6% | $68,494-67.6% |
| Participation rate | 31.8% | 66.7%-34.9pp | 80.3%-48.5pp | 67.9%-36.1pp |
| Annual return | -16.20% | 1.01%-17.2pp | -0.04%-16.2pp | -7.84%-8.4pp |
| Employer contribution / active EE | $606 | $3,184-81.0% | $4,951-87.8% | $2,596-76.7% |
| Participant deferral / active EE | $1,688 | $3,384-50.1% | $5,637-70.1% | $4,027-58.1% |
| Admin fee / account holder | $3,480 | $5,755-39.5% | $14,673-76.3% | $5,403-35.6% |