Filed February 21, 2025
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 | $43,074 | $45,343-5.0% | $150,298-71.3% | $67,986-36.6% |
| Participation rate | 46.4% | 51.9%-5.5pp | 77.8%-31.4pp | 57.2%-10.8pp |
| Annual return | 19.19% | 33.28%-14.1pp | 62.79%-43.6pp | 31.67%-12.5pp |
| Employer contribution / active EE | $772 | $1,462-47.2% | $4,154-81.4% | $2,019-61.8% |
| Participant deferral / active EE | $1,625 | $2,055-20.9% | $5,453-70.2% | $3,358-51.6% |
| Admin fee / account holder | $5,766 | $2,250+156.3% | $14,116-59.2% | $3,203+80.0% |