Filed January 29, 2019
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.
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 | $75,465 | $72,400+4.2% | $67,502+11.8% | $145,922-48.3% |
| Participation rate | 60.0% | 76.9%-16.9pp | 72.9%-12.9pp | 80.3%-20.3pp |
| Annual return | 15.56% | 7182.46%-7166.9pp | 3512.12%-3496.6pp | 561.29%-545.7pp |
| Employer contribution / active EE | $6,921 | $3,069+125.5% | $2,731+153.4% | $4,660+48.5% |
| Participant deferral / active EE | $11,643 | $4,783+143.4% | $4,000+191.1% | $6,688+74.1% |
| Admin fee / account holder | $4,956 | $5,539-10.5% | $3,998+24.0% | $13,397-63.0% |