Filed January 16, 2018
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 | $48,044 | $56,897-15.6% | $84,750-43.3% | $62,891-23.6% |
| Participation rate | 32.5% | 68.5%-36.0pp | 76.6%-44.1pp | 69.3%-36.8pp |
| Annual return | 6.99% | 6.30%+0.7pp | 22.78%-15.8pp | 20.14%-13.2pp |
| Employer contribution / active EE | $917 | $2,400-61.8% | $3,574-74.3% | $2,281-59.8% |
| Participant deferral / active EE | $1,780 | $2,709-34.3% | $3,712-52.0% | $3,203-44.4% |
| Admin fee / account holder | $241 | $3,581-93.3% | $5,332-95.5% | $4,296-94.4% |