Filed December 27, 2021
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 9-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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,009 | $58,726-57.4% | $92,233-72.9% | $62,292-59.9% |
| Participation rate | 20.9% | 68.3%-47.4pp | 76.5%-55.6pp | 69.5%-48.6pp |
| Annual return | 21.78% | 43.62%-21.8pp | 176.28%-154.5pp | 28.90%-7.1pp |
| Employer contribution / active EE | $772 | $2,392-67.7% | $3,679-79.0% | $2,042-62.2% |
| Participant deferral / active EE | $1,843 | $2,766-33.4% | $3,897-52.7% | $3,169-41.8% |
| Admin fee / account holder | $250 | $556-55.1% | $5,194-95.2% | $479-47.8% |