Filed August 15, 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 4-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.
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $3,871 | $84,487-95.4% | $125,339-96.9% | $66,914-94.2% |
| Participation rate | 78.5% | 76.4%+2.0pp | 82.4%-3.9pp | 69.8%+8.7pp |
| Annual return | 236.40% | -8.39%+244.8pp | 572.05%-335.7pp | 1.58%+234.8pp |
| Employer contribution / active EE | $0 | $3,553-100.0% | $4,814-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $2,939 | $6,781-56.7% | $7,446-60.5% | $4,237-30.6% |
| Admin fee / account holder | $108 | $685-84.2% | $10,010-98.9% | $593-81.8% |