Filed August 24, 2022
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $6,514 | $65,703-90.1% | $94,224-93.1% | $59,632-89.1% |
| Participation rate | 93.9% | 72.1%+21.8pp | 78.8%+15.1pp | 68.7%+25.2pp |
| Annual return | 0.00% | 5.22%-5.2pp | 10.68%-10.7pp | 2041.28%-2041.3pp |
| Employer contribution / active EE | $2,172 | $2,021+7.5% | $3,587-39.5% | $2,203-1.4% |
| Participant deferral / active EE | $4,361 | $3,143+38.8% | $4,320+0.9% | $3,192+36.6% |
| Admin fee / account holder | $26 | $4,264-99.4% | $6,269-99.6% | $4,297-99.4% |