Filed April 26, 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 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.
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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,777 | $57,103-86.4% | $87,507-91.1% | $57,658-86.5% |
| Participation rate | 39.5% | 64.3%-24.8pp | 73.8%-34.3pp | 70.2%-30.7pp |
| Annual return | 13.55% | 12.71%+0.8pp | 12.21%+1.3pp | 5.13%+8.4pp |
| Employer contribution / active EE | $420 | $1,107-62.0% | $2,550-83.5% | $1,974-78.7% |
| Participant deferral / active EE | $575 | $2,250-74.5% | $3,149-81.8% | $3,061-81.2% |
| Admin fee / account holder | $6 | $281-97.9% | $4,221-99.9% | $95-93.8% |