Filed December 11, 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 | $135,792 | $83,477+62.7% | $125,175+8.5% | $72,985+86.1% |
| Participation rate | 55.9% | 73.3%-17.4pp | 79.8%-23.9pp | 69.5%-13.6pp |
| Annual return | 25.15% | 25.78%-0.6pp | 43.79%-18.6pp | 81.00%-55.9pp |
| Employer contribution / active EE | $1,017 | $2,345-56.6% | $3,865-73.7% | $2,440-58.3% |
| Participant deferral / active EE | $3,407 | $3,585-5.0% | $4,937-31.0% | $3,607-5.6% |
| Admin fee / account holder | $249 | $5,517-95.5% | $9,702-97.4% | $5,124-95.1% |