Filed November 28, 2018
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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,046 | $65,685-36.0% | $57,179-26.5% | $273,961-84.7% |
| Participation rate | 22.2% | 78.3%-56.1pp | 75.3%-53.1pp | 83.0%-60.8pp |
| Annual return | 5.93% | 21.99%-16.1pp | 14.59%-8.7pp | 41.45%-35.5pp |
| Employer contribution / active EE | $3,512 | $3,279+7.1% | $2,682+30.9% | $4,869-27.9% |
| Participant deferral / active EE | $3,643 | $3,782-3.7% | $3,096+17.7% | $5,287-31.1% |
| Admin fee / account holder | $205 | $4,835-95.8% | $3,139-93.5% | $10,132-98.0% |