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.)
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 | $8,612 | $68,547-87.4% | $120,354-92.8% | $80,856-89.3% |
| Participation rate | 17.4% | 61.6%-44.2pp | 71.9%-54.5pp | 67.6%-50.2pp |
| Annual return | 13.31% | 23.60%-10.3pp | 107.15%-93.8pp | 35.59%-22.3pp |
| Employer contribution / active EE | $0 | $2,051-100.0% | $3,463-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $1,021 | $3,173-67.8% | $4,991-79.5% | $4,296-76.2% |
| Admin fee / account holder | $1,664 | $5,732-71.0% | $9,423-82.3% | $6,918-75.9% |