Filed April 2, 2024
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 6-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.
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 | $15,028 | $123,793-87.9% | $177,821-91.5% | $79,858-81.2% |
| Participation rate | 96.2% | 84.7%+11.6pp | 87.7%+8.5pp | 69.6%+26.6pp |
| Annual return | 0.00% | 22.82%-22.8pp | 48.32%-48.3pp | 31.71%-31.7pp |
| Employer contribution / active EE | $1,766 | $4,095-56.9% | $5,918-70.2% | $2,471-28.5% |
| Participant deferral / active EE | $4,906 | $5,956-17.6% | $7,714-36.4% | $3,740+31.2% |
| Admin fee / account holder | $52 | $7,243-99.3% | $12,427-99.6% | $5,306-99.0% |