Filed October 25, 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 7-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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,404 | $83,477-86.3% | $125,175-90.9% | $72,985-84.4% |
| Participation rate | 86.0% | 73.3%+12.7pp | 79.8%+6.3pp | 69.5%+16.6pp |
| Annual return | 0.00% | 25.78%-25.8pp | 43.79%-43.8pp | 81.00%-81.0pp |
| Employer contribution / active EE | $2,646 | $2,345+12.8% | $3,865-31.5% | $2,440+8.5% |
| Participant deferral / active EE | $6,106 | $3,585+70.3% | $4,937+23.7% | $3,607+69.3% |
| Admin fee / account holder | $156 | $5,517-97.2% | $9,702-98.4% | $5,124-97.0% |