Filed January 10, 2020
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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,483 | $51,769-58.5% | $57,343-62.5% | $52,331-58.9% |
| Participation rate | 35.5% | 75.2%-39.7pp | 75.1%-39.6pp | 68.1%-32.6pp |
| Annual return | 0.74% | 2.43%-1.7pp | 24.39%-23.7pp | 4.54%-3.8pp |
| Employer contribution / active EE | $565 | $2,335-75.8% | $2,689-79.0% | $1,882-70.0% |
| Participant deferral / active EE | $839 | $2,794-70.0% | $3,162-73.5% | $3,022-72.2% |
| Admin fee / account holder | $18 | $295-93.8% | $3,356-99.5% | $592-96.9% |