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 | $10,644 | $63,764-83.3% | $81,930-87.0% | $79,858-86.7% |
| Participation rate | 55.6% | 67.5%-11.9pp | 72.0%-16.4pp | 69.6%-14.1pp |
| Annual return | 25.57% | 22.66%+2.9pp | 29.49%-3.9pp | 31.71%-6.1pp |
| Employer contribution / active EE | $520 | $1,795-71.1% | $4,310-87.9% | $2,471-79.0% |
| Participant deferral / active EE | $1,503 | $2,780-45.9% | $7,107-78.8% | $3,740-59.8% |
| Admin fee / account holder | $155 | $4,426-96.5% | $5,158-97.0% | $5,306-97.1% |