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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,478 | $76,670-35.5% | $96,683-48.8% | $71,457-30.8% |
| Participation rate | 62.1% | 66.6%-4.5pp | 74.3%-12.3pp | 67.9%-5.8pp |
| Annual return | 16.72% | 48.29%-31.6pp | 35.69%-19.0pp | 28.85%-12.1pp |
| Employer contribution / active EE | $1,035 | $3,031-65.9% | $3,737-72.3% | $2,588-60.0% |
| Participant deferral / active EE | $2,881 | $3,771-23.6% | $4,878-40.9% | $4,289-32.8% |
| Admin fee / account holder | $0 | $2,028-100.0% | $6,730-100.0% | $1,587-100.0% |