Filed October 24, 2023
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 5-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 |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $770 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,026 | $82,978-32.5% | $129,995-56.9% | $71,457-21.6% |
| Participation rate | 62.3% | 74.1%-11.8pp | 78.5%-16.2pp | 67.9%-5.6pp |
| Annual return | 13.95% | 20.60%-6.7pp | -137.18%+151.1pp | 28.85%-14.9pp |
| Employer contribution / active EE | $890 | $2,622-66.0% | $4,320-79.4% | $2,588-65.6% |
| Participant deferral / active EE | $3,801 | $4,432-14.2% | $5,820-34.7% | $4,289-11.4% |
| Admin fee / account holder | $28 | $1,729-98.4% | $10,614-99.7% | $1,587-98.3% |