Filed February 17, 2022
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.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $58,747 | $58,083+1.1% | $80,019-26.6% | $56,287+4.4% |
| Participation rate | 61.5% | 73.6%-12.1pp | 75.8%-14.3pp | 69.9%-8.3pp |
| Annual return | -6.87% | 34.61%-41.5pp | 11.22%-18.1pp | -9.96%+3.1pp |
| Employer contribution / active EE | $1,178 | $1,932-39.0% | $2,468-52.3% | $2,111-44.2% |
| Participant deferral / active EE | $3,135 | $3,1350% | $3,686-15.0% | $3,350-6.4% |
| Admin fee / account holder | $18 | $623-97.1% | $6,521-99.7% | $521-96.5% |