Filed December 21, 2015
Total covered: 5 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 | $123,654 | $53,516+131.1% | $126,539-2.3% | $84,808+45.8% |
| Participation rate | 42.0% | 58.2%-16.2pp | 69.8%-27.8pp | 68.3%-26.3pp |
| Annual return | 14.21% | 58.34%-44.1pp | 425.95%-411.7pp | 40.90%-26.7pp |
| Employer contribution / active EE | $1,085 | $1,535-29.3% | $3,674-70.5% | $2,631-58.8% |
| Participant deferral / active EE | $3,464 | $2,671+29.7% | $4,083-15.2% | $4,212-17.7% |
| Admin fee / account holder | $40,157 | $4,497+793.1% | $6,065+562.2% | $7,344+446.8% |