Filed December 30, 2024
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $94,321 | $81,460+15.8% | $103,333-8.7% | $80,856+16.7% |
| Participation rate | 98.8% | 66.8%+31.9pp | 74.5%+24.3pp | 67.6%+31.1pp |
| Annual return | 0.00% | 25.55%-25.5pp | 24.88%-24.9pp | 35.59%-35.6pp |
| Employer contribution / active EE | $26,829 | $3,105+764.0% | $3,868+593.6% | $2,755+873.9% |
| Participant deferral / active EE | $0 | $3,869-100.0% | $5,057-100.0% | $4,296-100.0% |
| Admin fee / account holder | $5,026 | $6,566-23.5% | $8,355-39.8% | $6,918-27.3% |