Filed February 21, 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 8-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 | $14,451 | $52,279-72.4% | $89,391-83.8% | $79,858-81.9% |
| Participation rate | 51.3% | 57.5%-6.3pp | 68.0%-16.7pp | 69.6%-18.4pp |
| Annual return | 28.81% | 22.16%+6.6pp | 245.62%-216.8pp | 31.71%-2.9pp |
| Employer contribution / active EE | $982 | $1,572-37.5% | $2,586-62.0% | $2,471-60.2% |
| Participant deferral / active EE | $2,567 | $2,740-6.3% | $3,890-34.0% | $3,740-31.4% |
| Admin fee / account holder | $226 | $3,356-93.3% | $4,881-95.4% | $5,306-95.7% |