Filed January 12, 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 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,275 | $65,557-20.3% | $64,056-18.4% | $71,457-26.8% |
| Participation rate | 68.8% | 73.2%-4.4pp | 72.3%-3.6pp | 67.9%+0.8pp |
| Annual return | 12.69% | 18.94%-6.2pp | 33.69%-21.0pp | 28.85%-16.2pp |
| Employer contribution / active EE | $3,310 | $2,669+24.0% | $2,747+20.5% | $2,588+27.9% |
| Participant deferral / active EE | $3,376 | $3,626-6.9% | $3,880-13.0% | $4,289-21.3% |
| Admin fee / account holder | $0 | $616-100.0% | $3,068-100.0% | $1,587-100.0% |