Filed February 10, 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.
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,679 | $65,365-1.1% | $92,893-30.4% | $72,985-11.4% |
| Participation rate | 36.2% | 68.3%-32.1pp | 76.0%-39.8pp | 69.5%-33.3pp |
| Annual return | 14.30% | 42.10%-27.8pp | 109.41%-95.1pp | 81.00%-66.7pp |
| Employer contribution / active EE | $983 | $2,594-62.1% | $3,653-73.1% | $2,440-59.7% |
| Participant deferral / active EE | $1,827 | $3,128-41.6% | $4,236-56.9% | $3,607-49.4% |
| Admin fee / account holder | $224 | $4,251-94.7% | $5,794-96.1% | $5,124-95.6% |