Filed March 20, 2018
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,352 | $67,894-15.5% | $89,340-35.8% | $82,448-30.4% |
| Participation rate | 17.0% | 64.0%-47.0pp | 69.6%-52.5pp | 68.1%-51.0pp |
| Annual return | 16.39% | 19.21%-2.8pp | 20.57%-4.2pp | 41.64%-25.3pp |
| Employer contribution / active EE | $228 | $1,828-87.5% | $2,231-89.8% | $2,551-91.1% |
| Participant deferral / active EE | $738 | $3,072-76.0% | $3,823-80.7% | $4,139-82.2% |
| Admin fee / account holder | $276 | $5,723-95.2% | $6,704-95.9% | $7,234-96.2% |