Filed November 12, 2020
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 | $48,238 | $72,177-33.2% | $115,037-58.1% | $59,632-19.1% |
| Participation rate | 39.0% | 72.6%-33.6pp | 81.4%-42.4pp | 68.7%-29.7pp |
| Annual return | -2.26% | 12.02%-14.3pp | 26.14%-28.4pp | 2041.28%-2043.5pp |
| Employer contribution / active EE | $1,534 | $2,841-46.0% | $4,608-66.7% | $2,203-30.4% |
| Participant deferral / active EE | $2,250 | $4,783-52.9% | $6,026-62.7% | $3,192-29.5% |
| Admin fee / account holder | $166 | $4,927-96.6% | $8,175-98.0% | $4,297-96.1% |