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 | $29,411 | $55,415-46.9% | $155,509-81.1% | $74,495-60.5% |
| Participation rate | 31.1% | 61.9%-30.8pp | 78.2%-47.1pp | 67.2%-36.1pp |
| Annual return | 8.37% | 268.50%-260.1pp | 64.67%-56.3pp | 1364.94%-1356.6pp |
| Employer contribution / active EE | $470 | $2,267-79.3% | $4,672-89.9% | $2,623-82.1% |
| Participant deferral / active EE | $1,435 | $2,836-49.4% | $5,626-74.5% | $4,346-67.0% |
| Admin fee / account holder | $1,283 | $1,738-26.2% | $15,912-91.9% | $1,942-33.9% |