Filed April 29, 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 6-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.
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 | $5,227 | $73,933-92.9% | $96,683-94.6% | $75,163-93.0% |
| Participation rate | 100.0% | 66.4%+33.6pp | 74.3%+25.7pp | 67.2%+32.8pp |
| Annual return | 25.02% | 26.70%-1.7pp | 35.69%-10.7pp | 160.62%-135.6pp |
| Employer contribution / active EE | $1,247 | $2,928-57.4% | $3,737-66.6% | $2,670-53.3% |
| Participant deferral / active EE | $1,100 | $3,659-69.9% | $4,878-77.4% | $4,125-73.3% |
| Admin fee / account holder | $250 | $5,216-95.2% | $6,730-96.3% | $5,651-95.6% |