Filed January 13, 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 | $45,325 | $66,098-31.4% | $101,794-55.5% | $74,304-39.0% |
| Participation rate | 61.2% | 53.8%+7.5pp | 69.2%-7.9pp | 60.3%+0.9pp |
| Annual return | 14.67% | 19.59%-4.9pp | 30.53%-15.9pp | 29.43%-14.8pp |
| Employer contribution / active EE | $1,325 | $1,082+22.5% | $2,289-42.1% | $2,241-40.9% |
| Participant deferral / active EE | $2,160 | $2,781-22.3% | $4,084-47.1% | $3,767-42.7% |
| Admin fee / account holder | $3,519 | $4,146-15.1% | $8,777-59.9% | $2,969+18.5% |