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.
| Provider | Service type | Compensation |
|---|---|---|
ELEMENT WEALTH LLC3 years Service code 26 · EIN 20-8212221 | Advisory (Participants) | $19,390 |
HORNE LLP2 years Service code 10 · EIN 20-1941244 | Accounting | $19,000 |
Service code 15 · EIN 35-0145825 | Recordkeeping | $7,378 |
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 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 | $10,370 | $58,879-82.4% | $178,490-94.2% | $73,488-85.9% |
| Participation rate | 53.7% | 66.2%-12.5pp | 81.9%-28.2pp | 70.7%-17.0pp |
| Annual return | 14.91% | 24.86%-10.0pp | 151.07%-136.2pp | 28.51%-13.6pp |
| Employer contribution / active EE | $0 | $2,236-100.0% | $5,011-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $911 | $2,567-64.5% | $5,202-82.5% | $3,740-75.6% |
| Admin fee / account holder | $127 | $400-68.4% | $13,984-99.1% | $513-75.3% |