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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,849 | $55,415-58.8% | $155,509-85.3% | $74,495-69.3% |
| Participation rate | 55.6% | 61.9%-6.3pp | 78.2%-22.6pp | 67.2%-11.6pp |
| Annual return | 17.00% | 268.50%-251.5pp | 64.67%-47.7pp | 1364.94%-1347.9pp |
| Employer contribution / active EE | $282 | $2,267-87.5% | $4,672-94.0% | $2,623-89.2% |
| Participant deferral / active EE | $2,148 | $2,836-24.3% | $5,626-61.8% | $4,346-50.6% |
| Admin fee / account holder | $106 | $1,738-93.9% | $15,912-99.3% | $1,942-94.5% |