Filed July 20, 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 | $21,515 | $99,020-78.3% | $86,590-75.2% | $147,584-85.4% |
| Participation rate | 55.6% | 76.3%-20.8pp | 73.5%-18.0pp | 82.8%-27.3pp |
| Annual return | 20.27% | 1312.34%-1292.1pp | 964.84%-944.6pp | 578.55%-558.3pp |
| Employer contribution / active EE | $1,902 | $3,132-39.3% | $2,839-33.0% | $4,876-61.0% |
| Participant deferral / active EE | $2,738 | $3,972-31.1% | $3,609-24.1% | $5,439-49.7% |
| Admin fee / account holder | $47 | $5,710-99.2% | $4,906-99.0% | $10,885-99.6% |