Filed May 22, 2018
Total covered: 10 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,143 | $61,272-57.3% | $149,673-82.5% | $71,457-63.4% |
| Participation rate | 27.4% | 62.5%-35.2pp | 78.8%-51.4pp | 67.9%-40.6pp |
| Annual return | 5.94% | 35.85%-29.9pp | 134.42%-128.5pp | 28.85%-22.9pp |
| Employer contribution / active EE | $424 | $2,378-82.2% | $4,818-91.2% | $2,588-83.6% |
| Participant deferral / active EE | $1,059 | $2,917-63.7% | $5,680-81.4% | $4,289-75.3% |
| Admin fee / account holder | $5,281 | $1,261+318.7% | $13,210-60.0% | $1,587+232.7% |