Filed March 23, 2022 (most recent of 2 filings on file)
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 7-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 | $41,883 | $59,097-29.1% | $82,389-49.2% | $74,304-43.6% |
| Participation rate | 24.4% | 52.8%-28.4pp | 69.5%-45.2pp | 60.3%-36.0pp |
| Annual return | 19.98% | 22.85%-2.9pp | 28.67%-8.7pp | 29.43%-9.4pp |
| Employer contribution / active EE | $540 | $1,601-66.3% | $2,517-78.5% | $2,241-75.9% |
| Participant deferral / active EE | $1,141 | $2,775-58.9% | $4,155-72.5% | $3,767-69.7% |
| Admin fee / account holder | $101 | $4,489-97.7% | $7,231-98.6% | $2,969-96.6% |