Filed August 13, 2021 (most recent of 2 filings on file)
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,865 | $54,237-41.2% | $90,281-64.7% | $67,579-52.8% |
| Participation rate | 26.7% | 68.6%-41.9pp | 73.3%-46.6pp | 71.3%-44.6pp |
| Annual return | 16.81% | 37.27%-20.5pp | 78.10%-61.3pp | 378.56%-361.7pp |
| Employer contribution / active EE | $3 | $1,846-99.9% | $2,854-99.9% | $2,148-99.9% |
| Participant deferral / active EE | $1,172 | $2,625-55.4% | $3,885-69.8% | $3,539-66.9% |
| Admin fee / account holder | $0 | $123-100.0% | $5,351-100.0% | $142-100.0% |