Filed December 6, 2023
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 9-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 | $33,312 | $98,750-66.3% | $149,696-77.7% | $79,858-58.3% |
| Participation rate | 67.1% | 75.8%-8.7pp | 82.5%-15.4pp | 69.6%-2.6pp |
| Annual return | 31.19% | 27.43%+3.8pp | 276.60%-245.4pp | 31.71%-0.5pp |
| Employer contribution / active EE | $1,675 | $3,216-47.9% | $4,644-63.9% | $2,471-32.2% |
| Participant deferral / active EE | $6,325 | $5,680+11.3% | $6,842-7.6% | $3,740+69.1% |
| Admin fee / account holder | $364 | $6,053-94.0% | $9,309-96.1% | $5,306-93.1% |