Filed November 6, 2024
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $12,776 | $53,127-76.0% | $86,590-85.2% | $70,131-81.8% |
| Participation rate | 68.2% | 65.3%+2.9pp | 73.5%-5.4pp | 69.5%-1.4pp |
| Annual return | 19.76% | 27.66%-7.9pp | 964.84%-945.1pp | 73.14%-53.4pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $2,839-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $2,982 | $2,696+10.6% | $3,609-17.4% | $3,332-10.5% |
| Admin fee / account holder | $131 | $3,585-96.4% | $4,906-97.3% | $4,645-97.2% |