Filed September 1, 2023 (most recent of 2 filings on file)
Total covered: 2 employees
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,079 | $65,061-72.2% | $143,757-87.4% | $66,914-73.0% |
| Participation rate | 47.8% | 65.2%-17.4pp | 80.3%-32.5pp | 69.8%-22.0pp |
| Annual return | -13.00% | -11.14%-1.9pp | -0.04%-13.0pp | 1.58%-14.6pp |
| Employer contribution / active EE | $250 | $2,361-89.4% | $4,951-95.0% | $2,544-90.2% |
| Participant deferral / active EE | $1,981 | $2,919-32.1% | $5,637-64.9% | $4,237-53.2% |
| Admin fee / account holder | $93 | $502-81.6% | $14,673-99.4% | $593-84.4% |