Filed August 10, 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 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $25,113 | $85,635-70.7% | $123,892-79.7% | $63,975-60.7% |
| Participation rate | 24.1% | 74.9%-50.8pp | 81.4%-57.3pp | 71.1%-47.0pp |
| Annual return | 11.09% | 15.74%-4.6pp | 47.52%-36.4pp | 48.65%-37.6pp |
| Employer contribution / active EE | $373 | $3,076-87.9% | $4,617-91.9% | $2,182-82.9% |
| Participant deferral / active EE | $2,672 | $5,667-52.8% | $5,984-55.4% | $3,356-20.4% |
| Admin fee / account holder | $13 | $75-83.1% | $8,357-99.8% | $70-82.0% |