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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,071 | $48,335-77.1% | $121,098-90.9% | $71,457-84.5% |
| Participation rate | 42.7% | 54.3%-11.6pp | 69.5%-26.8pp | 67.9%-25.2pp |
| Annual return | 17.19% | 23.32%-6.1pp | 985.75%-968.6pp | 28.85%-11.7pp |
| Employer contribution / active EE | $443 | $1,489-70.3% | $4,164-89.4% | $2,588-82.9% |
| Participant deferral / active EE | $1,044 | $2,754-62.1% | $4,080-74.4% | $4,289-75.7% |
| Admin fee / account holder | $13 | $1,841-99.3% | $5,644-99.8% | $1,587-99.2% |