Filed September 14, 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 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 | $73,083 | $90,503-19.2% | $78,689-7.1% | $273,961-73.3% |
| Participation rate | 46.7% | 76.5%-29.9pp | 73.6%-26.9pp | 83.0%-36.3pp |
| Annual return | 2.74% | 75.60%-72.9pp | 62.18%-59.4pp | 41.45%-38.7pp |
| Employer contribution / active EE | $1,504 | $3,176-52.6% | $2,851-47.2% | $4,869-69.1% |
| Participant deferral / active EE | $1,835 | $3,901-53.0% | $3,517-47.8% | $5,287-65.3% |
| Admin fee / account holder | $90 | $5,263-98.3% | $4,510-98.0% | $10,132-99.1% |