Filed December 16, 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 | $63,236 | $107,334-41.1% | $92,893-31.9% | $152,861-58.6% |
| Participation rate | 60.9% | 79.8%-18.9pp | 76.0%-15.1pp | 82.4%-21.6pp |
| Annual return | 24.70% | 145.58%-120.9pp | 109.41%-84.7pp | 345.32%-320.6pp |
| Employer contribution / active EE | $2,192 | $4,221-48.1% | $3,653-40.0% | $4,762-54.0% |
| Participant deferral / active EE | $4,247 | $4,845-12.3% | $4,236+0.3% | $5,850-27.4% |
| Admin fee / account holder | $59 | $7,079-99.2% | $5,794-99.0% | $11,596-99.5% |