Filed September 7, 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 8-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 | $48,104 | $42,396+13.5% | $67,313-28.5% | $56,287-14.5% |
| Participation rate | 57.1% | 61.0%-3.9pp | 69.1%-12.0pp | 69.9%-12.8pp |
| Annual return | 0.00% | -36.63%+36.6pp | -4.08%+4.1pp | -9.96%+10.0pp |
| Employer contribution / active EE | $705 | $1,414-50.2% | $2,566-72.5% | $2,111-66.6% |
| Participant deferral / active EE | $1,467 | $2,360-37.8% | $3,568-58.9% | $3,350-56.2% |
| Admin fee / account holder | $230 | $510-54.9% | $4,507-94.9% | $521-55.9% |