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 | $104,974-72.0% | $95,585-69.3% | $142,382-79.4% |
| Participation rate | 33.3% | 75.0%-41.6pp | 72.1%-38.7pp | 80.1%-46.8pp |
| Annual return | 21.03% | 210.33%-189.3pp | 38.56%-17.5pp | 217.08%-196.0pp |
| Employer contribution / active EE | $902 | $2,779-67.5% | $2,527-64.3% | $4,299-79.0% |
| Participant deferral / active EE | $1,205 | $4,352-72.3% | $4,023-70.0% | $6,507-81.5% |
| Admin fee / account holder | $0 | $6,386-100.0% | $6,127-100.0% | $12,624-100.0% |