Filed June 20, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $48,614 | $52,467-7.3% | $57,179-15.0% | $55,167-11.9% |
| Participation rate | 69.5% | 75.8%-6.3pp | 75.3%-5.8pp | 69.0%+0.5pp |
| Annual return | 9.46% | 7.72%+1.7pp | 14.59%-5.1pp | 169.23%-159.8pp |
| Employer contribution / active EE | $561 | $2,477-77.3% | $2,682-79.1% | $1,963-71.4% |
| Participant deferral / active EE | $2,631 | $2,830-7.0% | $3,096-15.0% | $3,054-13.9% |
| Admin fee / account holder | $44 | $269-83.6% | $3,139-98.6% | $504-91.2% |