Filed November 22, 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 | $25,379 | $46,869-45.9% | $122,332-79.3% | $70,131-63.8% |
| Participation rate | 40.6% | 58.2%-17.6pp | 71.6%-31.0pp | 69.5%-28.9pp |
| Annual return | 20.32% | 24.22%-3.9pp | 30.27%-10.0pp | 73.14%-52.8pp |
| Employer contribution / active EE | $438 | $1,288-66.0% | $4,050-89.2% | $2,342-81.3% |
| Participant deferral / active EE | $1,637 | $2,166-24.4% | $3,287-50.2% | $3,332-50.9% |
| Admin fee / account holder | $283 | $3,322-91.5% | $5,478-94.8% | $4,645-93.9% |