Filed October 15, 2020
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 6-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $5,746 | $123,793-95.4% | $177,821-96.8% | $79,858-92.8% |
| Participation rate | 97.7% | 84.7%+13.1pp | 87.7%+10.0pp | 69.6%+28.1pp |
| Annual return | 0.00% | 22.82%-22.8pp | 48.32%-48.3pp | 31.71%-31.7pp |
| Employer contribution / active EE | $4,538 | $4,095+10.8% | $5,918-23.3% | $2,471+83.7% |
| Participant deferral / active EE | $2,193 | $5,956-63.2% | $7,714-71.6% | $3,740-41.4% |
| Admin fee / account holder | $3 | $7,243-100.0% | $12,427-100.0% | $5,306-99.9% |