Filed April 19, 2021
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 6-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,985 | $100,004-96.0% | $81,438-95.1% | $145,959-97.3% |
| Participation rate | 60.0% | 74.2%-14.2pp | 69.5%-9.5pp | 80.3%-20.3pp |
| Annual return | 14.38% | 34.34%-20.0pp | 24.74%-10.4pp | 561.95%-547.6pp |
| Employer contribution / active EE | $555 | $2,970-81.3% | $2,460-77.5% | $4,661-88.1% |
| Participant deferral / active EE | $737 | $4,603-84.0% | $3,883-81.0% | $6,689-89.0% |
| Admin fee / account holder | $14 | $8,202-99.8% | $5,764-99.8% | $13,398-99.9% |