Sales & Set-Up

The real cost of a group retirement plan

Most employers overestimate the cost and underestimate the flexibility of a group retirement plan.

Plan Inputs

Number of employees

Payroll

Employer match

Participation rate: 70%

Based on industry benchmarking, ~70% of eligible employees typically enroll in a new group plan.

Cost per participating employee / month

$271

Match as % of payroll

3.5%

Total annual employer cost

$113,750

Total employees	50
Participating employees	35
Avg salary	$65,000
Employer match	5% of salary
Total annual cost	$113,750
Each participating employee receives	$3,250/yr

Match rate scenarios

Match	Annual Cost	Monthly	Per Emp/mo