Filed January 29, 2024
Total covered: 32 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,415 | $56,485-44.4% | $185,823-83.1% | $86,799-63.8% |
| Participation rate | 54.6% | 65.5%-10.9pp | 81.7%-27.1pp | 72.3%-17.7pp |
| Annual return | 14.59% | 118.04%-103.4pp | 122.05%-107.5pp | 97.91%-83.3pp |
| Employer contribution / active EE | $707 | $1,843-61.7% | $5,167-86.3% | $2,405-70.6% |
| Participant deferral / active EE | $1,298 | $2,553-49.2% | $5,568-76.7% | $4,131-68.6% |
| Admin fee / account holder | $6 | $150-96.2% | $16,237-100.0% | $170-96.6% |