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 | $49,915-13.7% | $154,803-72.2% | $74,304-42.0% |
| Participation rate | 46.4% | 54.0%-7.6pp | 78.1%-31.7pp | 60.3%-13.9pp |
| Annual return | 19.19% | 34.06%-14.9pp | 58.88%-39.7pp | 29.43%-10.2pp |
| Employer contribution / active EE | $772 | $1,611-52.1% | $4,305-82.1% | $2,241-65.5% |
| Participant deferral / active EE | $1,625 | $2,255-27.9% | $5,540-70.7% | $3,767-56.9% |
| Admin fee / account holder | $5,766 | $2,189+163.4% | $14,329-59.8% | $2,969+94.2% |