Filed March 8, 2024 (most recent of 2 filings on file)
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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $34,851 | $89,739-61.2% | $149,718-76.7% | $62,292-44.1% |
| Participation rate | 65.8% | 85.1%-19.3pp | 87.1%-21.2pp | 69.5%-3.7pp |
| Annual return | 16.59% | 21.01%-4.4pp | 1501.63%-1485.0pp | 28.90%-12.3pp |
| Employer contribution / active EE | $2,113 | $3,233-34.6% | $5,445-61.2% | $2,042+3.5% |
| Participant deferral / active EE | $0 | $4,797-100.0% | $6,569-100.0% | $3,169-100.0% |
| Admin fee / account holder | $5 | $551-99.0% | $11,283-100.0% | $479-98.9% |