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 | $83,544 | $99,020-15.6% | $86,590-3.5% | $147,584-43.4% |
| Participation rate | 42.1% | 76.3%-34.2pp | 73.5%-31.4pp | 82.8%-40.7pp |
| Annual return | 15.26% | 1312.34%-1297.1pp | 964.84%-949.6pp | 578.55%-563.3pp |
| Employer contribution / active EE | $1,260 | $3,132-59.8% | $2,839-55.6% | $4,876-74.2% |
| Participant deferral / active EE | $2,846 | $3,972-28.3% | $3,609-21.1% | $5,439-47.7% |
| Admin fee / account holder | $40 | $5,710-99.3% | $4,906-99.2% | $10,885-99.6% |