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 | $56,412 | $57,976-2.7% | $62,995-10.5% | $62,292-9.4% |
| Participation rate | 65.3% | 75.9%-10.7pp | 74.8%-9.5pp | 69.5%-4.2pp |
| Annual return | 17.66% | 17.54%+0.1pp | 87.57%-69.9pp | 28.90%-11.2pp |
| Employer contribution / active EE | $469 | $2,415-80.6% | $2,759-83.0% | $2,042-77.1% |
| Participant deferral / active EE | $2,544 | $2,956-13.9% | $3,329-23.6% | $3,169-19.7% |
| Admin fee / account holder | $0 | $276-100.0% | $3,600-100.0% | $479-100.0% |