Filed November 29, 2023
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 4-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.
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,654 | $74,888-40.4% | $71,209-37.3% | $142,382-68.6% |
| Participation rate | 66.7% | 76.2%-9.6pp | 73.8%-7.1pp | 80.1%-13.5pp |
| Annual return | 2.93% | 345.14%-342.2pp | 282.51%-279.6pp | 217.08%-214.1pp |
| Employer contribution / active EE | $4,663 | $2,854+63.4% | $2,721+71.4% | $4,299+8.5% |
| Participant deferral / active EE | $5,720 | $4,454+28.4% | $4,175+37.0% | $6,507-12.1% |
| Admin fee / account holder | $0 | $5,568-100.0% | $5,349-100.0% | $12,624-100.0% |