Filed December 2, 2024
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $14,862 | $55,453-73.2% | $170,442-91.3% | $62,292-76.1% |
| Participation rate | 6.8% | 66.4%-59.6pp | 83.6%-76.8pp | 69.5%-62.7pp |
| Annual return | 180.73% | 21.38%+159.4pp | 205.93%-25.2pp | 28.90%+151.8pp |
| Employer contribution / active EE | $0 | $2,164-100.0% | $5,433-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $136 | $2,303-94.1% | $4,939-97.3% | $3,169-95.7% |
| Admin fee / account holder | $315 | $455-30.9% | $13,880-97.7% | $479-34.4% |