Filed March 11, 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 6-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 | $38,258 | $57,057-32.9% | $85,009-55.0% | $80,874-52.7% |
| Participation rate | 66.7% | 56.4%+10.3pp | 67.5%-0.8pp | 67.6%-1.0pp |
| Annual return | 22.04% | 21.66%+0.4pp | 66.47%-44.4pp | 35.62%-13.6pp |
| Employer contribution / active EE | $2,092 | $1,799+16.3% | $2,728-23.3% | $2,756-24.1% |
| Participant deferral / active EE | $4,946 | $3,112+59.0% | $4,522+9.4% | $4,297+15.1% |
| Admin fee / account holder | $279 | $4,986-94.4% | $6,153-95.5% | $6,935-96.0% |