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 | $21,074 | $45,863-54.0% | $77,024-72.6% | $68,494-69.2% |
| Participation rate | 59.5% | 55.9%+3.5pp | 67.9%-8.4pp | 67.9%-8.4pp |
| Annual return | -19.44% | 1.72%-21.2pp | 42.32%-61.8pp | -7.84%-11.6pp |
| Employer contribution / active EE | $1,624 | $1,650-1.5% | $2,812-42.2% | $2,596-37.4% |
| Participant deferral / active EE | $3,810 | $2,962+28.6% | $4,426-13.9% | $4,027-5.4% |
| Admin fee / account holder | $230 | $3,041-92.4% | $5,425-95.8% | $5,403-95.8% |