Filed October 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 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 | $35,577 | $34,308+3.7% | $74,701-52.4% | $72,985-51.3% |
| Participation rate | 21.1% | 42.4%-21.3pp | 54.5%-33.4pp | 69.5%-48.4pp |
| Annual return | 41.79% | 26.58%+15.2pp | 752.92%-711.1pp | 81.00%-39.2pp |
| Employer contribution / active EE | $456 | $692-34.0% | $1,084-57.9% | $2,440-81.3% |
| Participant deferral / active EE | $658 | $1,271-48.3% | $1,964-66.5% | $3,607-81.8% |
| Admin fee / account holder | $171 | $2,124-92.0% | $3,333-94.9% | $5,124-96.7% |