Filed December 28, 2023
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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,924 | $157,256-82.2% | $141,162-80.2% | $152,861-81.7% |
| Participation rate | 62.5% | 84.8%-22.3pp | 82.5%-20.0pp | 82.4%-19.9pp |
| Annual return | 33.38% | 64.32%-30.9pp | 71.39%-38.0pp | 345.32%-311.9pp |
| Employer contribution / active EE | $2,185 | $5,261-58.5% | $4,735-53.9% | $4,762-54.1% |
| Participant deferral / active EE | $6,160 | $7,109-13.4% | $6,709-8.2% | $5,850+5.3% |
| Admin fee / account holder | $174 | $12,120-98.6% | $10,261-98.3% | $11,596-98.5% |