See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,073 | $54,705-98.0% | $71,209-98.5% | $84,808-98.7% |
| Participation rate | 59.5% | 64.1%-4.6pp | 73.8%-14.3pp | 68.3%-8.9pp |
| Annual return | 11.58% | 35.90%-24.3pp | 282.51%-270.9pp | 40.90%-29.3pp |
| Employer contribution / active EE | $412 | $2,158-80.9% | $2,721-84.9% | $2,631-84.3% |
| Participant deferral / active EE | $416 | $3,030-86.3% | $4,175-90.0% | $4,212-90.1% |
| Admin fee / account holder | $740 | $4,863-84.8% | $5,349-86.2% | $7,344-89.9% |