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 | $24,997 | $49,915-49.9% | $154,803-83.9% | $74,304-66.4% |
| Participation rate | 31.1% | 54.0%-22.8pp | 78.1%-47.0pp | 60.3%-29.2pp |
| Annual return | 8.80% | 34.06%-25.3pp | 58.88%-50.1pp | 29.43%-20.6pp |
| Employer contribution / active EE | $671 | $1,611-58.4% | $4,305-84.4% | $2,241-70.1% |
| Participant deferral / active EE | $1,464 | $2,255-35.1% | $5,540-73.6% | $3,767-61.1% |
| Admin fee / account holder | $10,099 | $2,189+361.4% | $14,329-29.5% | $2,969+240.2% |