Filed July 12, 2023
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.
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 | $18,808 | $25,723-26.9% | $69,182-72.8% | $55,167-65.9% |
| Participation rate | 34.0% | 39.4%-5.5pp | 55.1%-21.1pp | 69.0%-35.0pp |
| Annual return | 5.93% | 9.56%-3.6pp | -21.93%+27.9pp | 169.23%-163.3pp |
| Employer contribution / active EE | $418 | $480-13.0% | $1,206-65.3% | $1,963-78.7% |
| Participant deferral / active EE | $697 | $963-27.7% | $1,897-63.3% | $3,054-77.2% |
| Admin fee / account holder | $81 | $365-77.8% | $2,697-97.0% | $504-83.9% |