Filed January 20, 2023
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 5-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 | $213,749 | $80,717+164.8% | $154,803+38.1% | $84,808+152.0% |
| Participation rate | 10.7% | 66.8%-56.1pp | 78.1%-67.4pp | 68.3%-57.6pp |
| Annual return | 20.79% | 37.96%-17.2pp | 58.88%-38.1pp | 40.90%-20.1pp |
| Employer contribution / active EE | $0 | $2,761-100.0% | $4,305-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $1,386 | $3,303-58.0% | $5,540-75.0% | $4,212-67.1% |
| Admin fee / account holder | $10 | $6,746-99.9% | $14,329-99.9% | $7,344-99.9% |