Filed February 2, 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 7-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 | $81,004 | $65,365+23.9% | $92,893-12.8% | $72,985+11.0% |
| Participation rate | 62.1% | 68.3%-6.2pp | 76.0%-13.9pp | 69.5%-7.4pp |
| Annual return | 0.00% | 42.10%-42.1pp | 109.41%-109.4pp | 81.00%-81.0pp |
| Employer contribution / active EE | $1,671 | $2,594-35.6% | $3,653-54.3% | $2,440-31.5% |
| Participant deferral / active EE | $3,563 | $3,128+13.9% | $4,236-15.9% | $3,607-1.2% |
| Admin fee / account holder | $99 | $4,251-97.7% | $5,794-98.3% | $5,124-98.1% |