Filed December 20, 2022
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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,350 | $101,618-71.1% | $93,063-68.5% | $137,256-78.6% |
| Participation rate | 33.3% | 74.9%-41.6pp | 72.1%-38.8pp | 80.0%-46.6pp |
| Annual return | 21.03% | 223.95%-202.9pp | 34.15%-13.1pp | 220.34%-199.3pp |
| Employer contribution / active EE | $902 | $2,707-66.7% | $2,476-63.6% | $4,156-78.3% |
| Participant deferral / active EE | $1,205 | $4,279-71.8% | $3,958-69.6% | $6,407-81.2% |
| Admin fee / account holder | $0 | $6,198-100.0% | $6,033-100.0% | $12,270-100.0% |