Filed December 27, 2024 (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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $39,600 | $112,772-64.9% | $57,343-30.9% | $59,188-33.1% |
| Participation rate | 21.6% | 71.3%-49.7pp | 75.1%-53.5pp | 69.4%-47.8pp |
| Annual return | 5.67% | 0.85%+4.8pp | 24.39%-18.7pp | 5.51%+0.2pp |
| Employer contribution / active EE | $0 | $3,400-100.0% | $2,689-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $1,098 | $3,010-63.5% | $3,162-65.3% | $3,265-66.4% |
| Admin fee / account holder | $4 | $144-97.5% | $3,356-99.9% | $92-96.2% |