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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
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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 | $3,166 | $55,932-94.3% | $76,735-95.9% | $67,986-95.3% |
| Participation rate | 59.9% | 50.8%+9.1pp | 69.5%-9.6pp | 57.2%+2.7pp |
| Annual return | 23.08% | 23.10%0pp | 29.77%-6.7pp | 31.67%-8.6pp |
| Employer contribution / active EE | $294 | $1,487-80.2% | $2,454-88.0% | $2,019-85.4% |
| Participant deferral / active EE | $567 | $2,558-77.8% | $4,088-86.1% | $3,358-83.1% |
| Admin fee / account holder | $178 | $4,907-96.4% | $7,189-97.5% | $3,203-94.4% |