Filed November 6, 2024
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,055 | $77,899+24.6% | $149,673-35.2% | $75,163+29.1% |
| Participation rate | 64.7% | 65.6%-0.9pp | 78.8%-14.1pp | 67.2%-2.5pp |
| Annual return | 12.05% | 31.72%-19.7pp | 134.42%-122.4pp | 160.62%-148.6pp |
| Employer contribution / active EE | $3,157 | $3,137+0.6% | $4,818-34.5% | $2,670+18.2% |
| Participant deferral / active EE | $5,233 | $3,411+53.4% | $5,680-7.9% | $4,125+26.9% |
| Admin fee / account holder | $32,619 | $5,956+447.6% | $13,210+146.9% | $5,651+477.2% |