Filed August 26, 2024
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.
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 | $5,656 | $58,927-90.4% | $76,817-92.6% | $72,985-92.3% |
| Participation rate | 55.6% | 67.3%-11.8pp | 72.1%-16.5pp | 69.5%-13.9pp |
| Annual return | 33.78% | 2305.64%-2271.9pp | 1166.11%-1132.3pp | 81.00%-47.2pp |
| Employer contribution / active EE | $511 | $1,787-71.4% | $2,302-77.8% | $2,440-79.0% |
| Participant deferral / active EE | $1,455 | $2,690-45.9% | $3,336-56.4% | $3,607-59.7% |
| Admin fee / account holder | $56 | $4,013-98.6% | $6,420-99.1% | $5,124-98.9% |