Filed April 25, 2022
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 | $26,119 | $135,952-80.8% | $123,892-78.9% | $273,961-90.5% |
| Participation rate | 40.0% | 84.1%-44.1pp | 81.4%-41.4pp | 83.0%-43.0pp |
| Annual return | 568.35% | 56.63%+511.7pp | 47.52%+520.8pp | 41.45%+526.9pp |
| Employer contribution / active EE | $1,853 | $5,170-64.2% | $4,617-59.9% | $4,869-61.9% |
| Participant deferral / active EE | $5,348 | $6,343-15.7% | $5,984-10.6% | $5,287+1.2% |
| Admin fee / account holder | $266 | $9,817-97.3% | $8,357-96.8% | $10,132-97.4% |