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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,222 | $159,602-90.5% | $150,045-89.9% | $142,382-89.3% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.3%-32.3pp | 80.1%-30.1pp |
| Annual return | 0.09% | 70.24%-70.1pp | 62.55%-62.5pp | 217.08%-217.0pp |
| Employer contribution / active EE | $1,560 | $4,961-68.6% | $4,693-66.8% | $4,299-63.7% |
| Participant deferral / active EE | $1,687 | $8,310-79.7% | $7,997-78.9% | $6,507-74.1% |
| Admin fee / account holder | $40,489 | $14,846+172.7% | $13,435+201.4% | $12,624+220.7% |