Filed February 11, 2020
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 3-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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,109 | $59,805-22.9% | $79,550-42.0% | $68,494-32.7% |
| Participation rate | 61.3% | 61.1%+0.2pp | 69.5%-8.2pp | 67.9%-6.6pp |
| Annual return | -18.17% | -12.30%-5.9pp | 0.16%-18.3pp | -7.84%-10.3pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,413-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $2,286 | $3,024-24.4% | $3,985-42.6% | $4,027-43.2% |
| Admin fee / account holder | $27 | $4,835-99.4% | $6,832-99.6% | $5,403-99.5% |