Filed September 23, 2021
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 | $41,231 | $43,327-4.8% | $59,878-31.1% | $64,186-35.8% |
| Participation rate | 58.9% | 69.2%-10.2pp | 74.7%-15.8pp | 69.6%-10.6pp |
| Annual return | -4.72% | -1.55%-3.2pp | 3.46%-8.2pp | 7.63%-12.4pp |
| Employer contribution / active EE | $1,227 | $2,028-39.5% | $2,722-54.9% | $2,381-48.5% |
| Participant deferral / active EE | $3,271 | $2,546+28.5% | $3,402-3.9% | $3,470-5.7% |
| Admin fee / account holder | $56 | $3,005-98.1% | $3,590-98.4% | $4,888-98.8% |