Filed June 17, 2022
Total covered: 2 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,662 | $67,984-90.2% | $65,493-89.8% | $74,304-91.0% |
| Participation rate | 58.3% | 66.3%-8.1pp | 73.1%-14.8pp | 60.3%-2.1pp |
| Annual return | 11.57% | 19.87%-8.3pp | 982.45%-970.9pp | 29.43%-17.9pp |
| Employer contribution / active EE | $0 | $2,491-100.0% | $2,574-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $898 | $3,346-73.2% | $3,961-77.3% | $3,767-76.2% |
| Admin fee / account holder | $67 | $1,373-95.1% | $5,028-98.7% | $2,969-97.8% |