Filed July 7, 2016
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 10-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 | $27,376 | $43,327-36.8% | $59,878-54.3% | $64,186-57.3% |
| Participation rate | 62.6% | 69.2%-6.5pp | 74.7%-12.1pp | 69.6%-6.9pp |
| Annual return | 8.97% | -1.55%+10.5pp | 3.46%+5.5pp | 7.63%+1.3pp |
| Employer contribution / active EE | $1,786 | $2,028-11.9% | $2,722-34.4% | $2,381-25.0% |
| Participant deferral / active EE | $2,606 | $2,546+2.3% | $3,402-23.4% | $3,470-24.9% |
| Admin fee / account holder | $3,003 | $3,005-0.1% | $3,590-16.4% | $4,888-38.6% |