Filed June 27, 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 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 | $41,976 | $197,825-78.8% | $155,790-73.1% | $125,391-66.5% |
| Participation rate | 60.0% | 82.1%-22.1pp | 76.1%-16.1pp | 83.2%-23.2pp |
| Annual return | -0.18% | 86.74%-86.9pp | 71.54%-71.7pp | 282.22%-282.4pp |
| Employer contribution / active EE | $2,460 | $4,847-49.2% | $3,836-35.9% | $4,866-49.4% |
| Participant deferral / active EE | $7,225 | $5,630+28.3% | $4,797+50.6% | $5,352+35.0% |
| Admin fee / account holder | $186 | $9,545-98.0% | $7,478-97.5% | $9,540-98.0% |