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 | $100,800 | $72,277+39.5% | $101,248-0.4% | $79,858+26.2% |
| Participation rate | 62.7% | 68.5%-5.8pp | 75.8%-13.2pp | 69.6%-7.0pp |
| Annual return | 12.39% | 22.30%-9.9pp | 46.47%-34.1pp | 31.71%-19.3pp |
| Employer contribution / active EE | $1,683 | $2,692-37.5% | $3,660-54.0% | $2,471-31.9% |
| Participant deferral / active EE | $3,780 | $3,282+15.2% | $4,370-13.5% | $3,740+1.1% |
| Admin fee / account holder | $140 | $4,400-96.8% | $5,945-97.6% | $5,306-97.4% |