Filed March 31, 2018
Total covered: 4 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,636 | $123,793-72.0% | $177,821-80.5% | $79,858-56.6% |
| Participation rate | 69.2% | 84.7%-15.4pp | 87.7%-18.5pp | 69.6%-0.4pp |
| Annual return | 8.65% | 22.82%-14.2pp | 48.32%-39.7pp | 31.71%-23.1pp |
| Employer contribution / active EE | $1,400 | $4,095-65.8% | $5,918-76.3% | $2,471-43.3% |
| Participant deferral / active EE | $1,834 | $5,956-69.2% | $7,714-76.2% | $3,740-51.0% |
| Admin fee / account holder | $749 | $7,243-89.7% | $12,427-94.0% | $5,306-85.9% |