Filed January 31, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $226,388 | $96,956+133.5% | $70,014+223.3% | $273,961-17.4% |
| Participation rate | 63.6% | 77.1%-13.4pp | 71.8%-8.2pp | 83.0%-19.4pp |
| Annual return | -4.86% | 12.93%-17.8pp | 12.99%-17.8pp | 41.45%-46.3pp |
| Employer contribution / active EE | $1,359 | $3,316-59.0% | $2,338-41.9% | $4,869-72.1% |
| Participant deferral / active EE | $3,182 | $3,744-15.0% | $2,931+8.6% | $5,287-39.8% |
| Admin fee / account holder | $552 | $7,934-93.0% | $4,380-87.4% | $10,132-94.6% |