Filed March 3, 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 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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,053 | $106,515-85.9% | $96,683-84.4% | $139,434-89.2% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.3%-24.3pp | 80.3%-30.3pp |
| Annual return | 18.25% | 38.43%-20.2pp | 35.69%-17.4pp | 372.94%-354.7pp |
| Employer contribution / active EE | $1,356 | $4,103-67.0% | $3,737-63.7% | $4,751-71.5% |
| Participant deferral / active EE | $2,109 | $5,454-61.3% | $4,878-56.8% | $6,710-68.6% |
| Admin fee / account holder | $259 | $7,877-96.7% | $6,730-96.2% | $11,403-97.7% |