Filed February 7, 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 | $53,554 | $54,229-1.2% | $70,092-23.6% | $68,494-21.8% |
| Participation rate | 69.7% | 64.5%+5.2pp | 70.5%-0.8pp | 67.9%+1.8pp |
| Annual return | -18.38% | -13.87%-4.5pp | 190.73%-209.1pp | -7.84%-10.5pp |
| Employer contribution / active EE | $1,234 | $2,018-38.8% | $2,559-51.8% | $2,596-52.5% |
| Participant deferral / active EE | $2,576 | $2,956-12.9% | $3,849-33.1% | $4,027-36.0% |
| Admin fee / account holder | $21,027 | $4,694+347.9% | $6,267+235.5% | $5,403+289.2% |