Filed November 18, 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,816 | $45,602-80.7% | $117,472-92.5% | $66,914-86.8% |
| Participation rate | 45.3% | 57.6%-12.3pp | 70.6%-25.3pp | 69.8%-24.5pp |
| Annual return | -17.92% | -16.74%-1.2pp | 29.74%-47.7pp | 1.58%-19.5pp |
| Employer contribution / active EE | $471 | $1,579-70.2% | $4,176-88.7% | $2,544-81.5% |
| Participant deferral / active EE | $1,110 | $2,845-61.0% | $4,070-72.7% | $4,237-73.8% |
| Admin fee / account holder | $12 | $661-98.2% | $5,645-99.8% | $593-98.0% |