Filed March 6, 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 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,792 | $43,723-47.9% | $121,196-81.2% | $64,186-64.5% |
| Participation rate | 29.3% | 58.3%-29.0pp | 71.7%-42.4pp | 69.6%-40.2pp |
| Annual return | -9.29% | 68.91%-78.2pp | 16.93%-26.2pp | 7.63%-16.9pp |
| Employer contribution / active EE | $0 | $1,296-100.0% | $4,022-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,151 | $2,280-49.5% | $3,344-65.6% | $3,470-66.8% |
| Admin fee / account holder | $73 | $3,501-97.9% | $5,019-98.6% | $4,888-98.5% |