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 | $31,143 | $49,915-37.6% | $154,803-79.9% | $74,304-58.1% |
| Participation rate | 38.2% | 54.0%-15.7pp | 78.1%-39.8pp | 60.3%-22.1pp |
| Annual return | 15.91% | 34.06%-18.1pp | 58.88%-43.0pp | 29.43%-13.5pp |
| Employer contribution / active EE | $710 | $1,611-55.9% | $4,305-83.5% | $2,241-68.3% |
| Participant deferral / active EE | $2,006 | $2,255-11.0% | $5,540-63.8% | $3,767-46.8% |
| Admin fee / account holder | $2,669 | $2,189+22.0% | $14,329-81.4% | $2,969-10.1% |