Filed July 17, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $7,516 | $77,899-90.4% | $149,673-95.0% | $75,163-90.0% |
| Participation rate | 56.8% | 65.6%-8.8pp | 78.8%-21.9pp | 67.2%-10.4pp |
| Annual return | 21.18% | 31.72%-10.5pp | 134.42%-113.2pp | 160.62%-139.4pp |
| Employer contribution / active EE | $1,263 | $3,137-59.8% | $4,818-73.8% | $2,670-52.7% |
| Participant deferral / active EE | $487 | $3,411-85.7% | $5,680-91.4% | $4,125-88.2% |
| Admin fee / account holder | $90 | $5,956-98.5% | $13,210-99.3% | $5,651-98.4% |