Filed November 12, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,712 | $65,409-53.0% | $98,442-68.8% | $85,850-64.2% |
| Participation rate | 60.6% | 65.0%-4.4pp | 73.3%-12.7pp | 69.3%-8.7pp |
| Annual return | 33.91% | 21.76%+12.2pp | 1492.73%-1458.8pp | 318.53%-284.6pp |
| Employer contribution / active EE | $756 | $2,168-65.1% | $2,960-74.5% | $2,565-70.5% |
| Participant deferral / active EE | $1,933 | $3,166-38.9% | $4,276-54.8% | $3,952-51.1% |
| Admin fee / account holder | $584 | $4,593-87.3% | $5,949-90.2% | $6,260-90.7% |