Filed February 22, 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.
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 | $238,651 | $197,591+20.8% | $177,821+34.2% | $158,922+50.2% |
| Participation rate | 50.0% | 88.5%-38.5pp | 87.7%-37.7pp | 82.0%-32.0pp |
| Annual return | 28.64% | 58.76%-30.1pp | 48.32%-19.7pp | 302.83%-274.2pp |
| Employer contribution / active EE | $19,510 | $6,697+191.3% | $5,918+229.6% | $4,761+309.8% |
| Participant deferral / active EE | $9,344 | $8,405+11.2% | $7,714+21.1% | $5,982+56.2% |
| Admin fee / account holder | $60 | $15,399-99.6% | $12,427-99.5% | $11,246-99.5% |