Filed December 20, 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.
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 | $77,430 | $113,339-31.7% | $94,993-18.5% | $147,584-47.5% |
| Participation rate | 22.2% | 78.0%-55.8pp | 73.9%-51.7pp | 82.8%-60.6pp |
| Annual return | 14.01% | 20.77%-6.8pp | 27.12%-13.1pp | 578.55%-564.5pp |
| Employer contribution / active EE | $614 | $3,160-80.6% | $2,603-76.4% | $4,876-87.4% |
| Participant deferral / active EE | $4,097 | $3,777+8.5% | $3,317+23.5% | $5,439-24.7% |
| Admin fee / account holder | $0 | $6,063-100.0% | $4,960-100.0% | $10,885-100.0% |