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 | $7,245 | $74,927-90.3% | $101,794-92.9% | $84,808-91.5% |
| Participation rate | 22.9% | 61.4%-38.5pp | 69.2%-46.3pp | 68.3%-45.5pp |
| Annual return | -33.02% | 18.70%-51.7pp | 30.53%-63.5pp | 40.90%-73.9pp |
| Employer contribution / active EE | $406 | $1,522-73.3% | $2,289-82.3% | $2,631-84.6% |
| Participant deferral / active EE | $944 | $3,099-69.5% | $4,084-76.9% | $4,212-77.6% |
| Admin fee / account holder | $18,324 | $6,514+181.3% | $8,777+108.8% | $7,344+149.5% |