Filed January 23, 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 6-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.)
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 | $54,357 | $65,561-17.1% | $86,188-36.9% | $75,163-27.7% |
| Participation rate | 40.8% | 60.5%-19.6pp | 69.0%-28.1pp | 67.2%-26.3pp |
| Annual return | 14.78% | 46.05%-31.3pp | 1168.45%-1153.7pp | 160.62%-145.8pp |
| Employer contribution / active EE | $790 | $1,553-49.1% | $2,380-66.8% | $2,670-70.4% |
| Participant deferral / active EE | $1,821 | $3,024-39.8% | $3,985-54.3% | $4,125-55.9% |
| Admin fee / account holder | $1,189 | $5,474-78.3% | $6,852-82.6% | $5,651-79.0% |