Filed June 17, 2019
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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,620 | $82,523-77.4% | $115,752-83.9% | $70,131-73.5% |
| Participation rate | 57.8% | 74.0%-16.2pp | 77.8%-20.0pp | 69.5%-11.8pp |
| Annual return | 16.17% | 28.22%-12.0pp | 19.41%-3.2pp | 73.14%-57.0pp |
| Employer contribution / active EE | $685 | $2,758-75.2% | $3,492-80.4% | $2,342-70.8% |
| Participant deferral / active EE | $1,394 | $4,062-65.7% | $5,204-73.2% | $3,332-58.2% |
| Admin fee / account holder | $0 | $4,552-100.0% | $6,278-100.0% | $4,645-100.0% |