Filed April 12, 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.
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 | $57,620 | $78,422-26.5% | $95,952-39.9% | $79,858-27.8% |
| Participation rate | 51.7% | 73.5%-21.8pp | 77.1%-25.3pp | 69.6%-17.9pp |
| Annual return | 22.27% | 19.37%+2.9pp | 91.61%-69.3pp | 31.71%-9.4pp |
| Employer contribution / active EE | $1,283 | $1,945-34.1% | $2,541-49.5% | $2,471-48.1% |
| Participant deferral / active EE | $3,413 | $3,440-0.8% | $4,167-18.1% | $3,740-8.8% |
| Admin fee / account holder | $152 | $5,622-97.3% | $6,795-97.8% | $5,306-97.1% |