Filed March 23, 2022 (most recent of 2 filings on file)
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 5-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $33,131 | $44,221-25.1% | $121,196-72.7% | $56,287-41.1% |
| Participation rate | 20.8% | 61.1%-40.3pp | 71.7%-51.0pp | 69.9%-49.1pp |
| Annual return | -5.66% | -3.58%-2.1pp | 16.93%-22.6pp | -9.96%+4.3pp |
| Employer contribution / active EE | $0 | $1,480-100.0% | $4,022-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $942 | $2,521-62.6% | $3,344-71.8% | $3,350-71.9% |
| Admin fee / account holder | $0 | $480-100.0% | $5,019-100.0% | $521-100.0% |