Filed December 21, 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.
Employer 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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,141 | $96,484+35.9% | $156,263-16.1% | $74,304+76.5% |
| Participation rate | 59.4% | 67.7%-8.3pp | 78.9%-19.6pp | 60.3%-1.0pp |
| Annual return | 28.11% | 17.73%+10.4pp | 59.47%-31.4pp | 29.43%-1.3pp |
| Employer contribution / active EE | $645 | $2,528-74.5% | $4,333-85.1% | $2,241-71.2% |
| Participant deferral / active EE | $4,434 | $4,286+3.5% | $6,158-28.0% | $3,767+17.7% |
| Admin fee / account holder | $2,897 | $3,728-22.3% | $14,255-79.7% | $2,969-2.4% |