Filed February 21, 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 8-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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,913 | $48,046-79.4% | $84,611-88.3% | $72,985-86.4% |
| Participation rate | 48.3% | 57.6%-9.3pp | 68.2%-20.0pp | 69.5%-21.2pp |
| Annual return | 43.52% | 37.38%+6.1pp | 258.74%-215.2pp | 81.00%-37.5pp |
| Employer contribution / active EE | $973 | $1,602-39.2% | $2,652-63.3% | $2,440-60.1% |
| Participant deferral / active EE | $2,932 | $2,680+9.4% | $3,899-24.8% | $3,607-18.7% |
| Admin fee / account holder | $170 | $3,395-95.0% | $4,912-96.5% | $5,124-96.7% |