Filed March 8, 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 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 | $22,489 | $45,035-50.1% | $62,995-64.3% | $70,131-67.9% |
| Participation rate | 48.8% | 69.5%-20.7pp | 74.8%-26.0pp | 69.5%-20.7pp |
| Annual return | 16.85% | 18.76%-1.9pp | 87.57%-70.7pp | 73.14%-56.3pp |
| Employer contribution / active EE | $513 | $2,051-75.0% | $2,759-81.4% | $2,342-78.1% |
| Participant deferral / active EE | $1,592 | $2,465-35.4% | $3,329-52.2% | $3,332-52.2% |
| Admin fee / account holder | $127 | $2,834-95.5% | $3,600-96.5% | $4,645-97.3% |