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.
Employer 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 | $8,858 | $77,899-88.6% | $149,673-94.1% | $75,163-88.2% |
| Participation rate | 20.5% | 65.6%-45.1pp | 78.8%-58.3pp | 67.2%-46.7pp |
| Annual return | 7.64% | 31.72%-24.1pp | 134.42%-126.8pp | 160.62%-153.0pp |
| Employer contribution / active EE | $118 | $3,137-96.2% | $4,818-97.5% | $2,670-95.6% |
| Participant deferral / active EE | $1,037 | $3,411-69.6% | $5,680-81.7% | $4,125-74.9% |
| Admin fee / account holder | $1,432 | $5,956-76.0% | $13,210-89.2% | $5,651-74.7% |