Filed October 25, 2018
Total covered: 14 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 6-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.)
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 | $23,019 | $87,733-73.8% | $106,548-78.4% | $85,850-73.2% |
| Participation rate | 63.4% | 71.9%-8.5pp | 76.1%-12.7pp | 69.3%-5.9pp |
| Annual return | 11.52% | 21.86%-10.3pp | 26.80%-15.3pp | 318.53%-307.0pp |
| Employer contribution / active EE | $1,350 | $2,073-34.9% | $2,819-52.1% | $2,565-47.4% |
| Participant deferral / active EE | $1,724 | $3,469-50.3% | $4,398-60.8% | $3,952-56.4% |
| Admin fee / account holder | $4,552 | $6,767-32.7% | $7,407-38.6% | $6,260-27.3% |