Filed January 15, 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.
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,526 | $45,602-66.0% | $117,472-86.8% | $66,914-76.8% |
| Participation rate | 87.0% | 57.6%+29.3pp | 70.6%+16.4pp | 69.8%+17.2pp |
| Annual return | -14.74% | -16.74%+2.0pp | 29.74%-44.5pp | 1.58%-16.3pp |
| Employer contribution / active EE | $1,391 | $1,579-11.9% | $4,176-66.7% | $2,544-45.3% |
| Participant deferral / active EE | $1,781 | $2,845-37.4% | $4,070-56.2% | $4,237-58.0% |
| Admin fee / account holder | $0 | $661-100.0% | $5,645-100.0% | $593-100.0% |