Filed March 23, 2020
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 7-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,951 | $102,966-88.4% | $90,281-86.8% | $152,861-92.2% |
| Participation rate | 35.0% | 75.9%-40.9pp | 73.3%-38.3pp | 82.4%-47.4pp |
| Annual return | 34.75% | 95.16%-60.4pp | 78.10%-43.3pp | 345.32%-310.6pp |
| Employer contribution / active EE | $0 | $3,139-100.0% | $2,854-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $2,747 | $4,281-35.8% | $3,885-29.3% | $5,850-53.0% |
| Admin fee / account holder | $277 | $6,171-95.5% | $5,351-94.8% | $11,596-97.6% |