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 | $13,809 | $81,460-83.0% | $103,333-86.6% | $80,856-82.9% |
| Participation rate | 42.5% | 66.8%-24.3pp | 74.5%-32.0pp | 67.6%-25.1pp |
| Annual return | 0.00% | 25.55%-25.5pp | 24.88%-24.9pp | 35.59%-35.6pp |
| Employer contribution / active EE | $5,652 | $3,105+82.0% | $3,868+46.1% | $2,755+105.2% |
| Participant deferral / active EE | $899 | $3,869-76.8% | $5,057-82.2% | $4,296-79.1% |
| Admin fee / account holder | $1,103 | $6,566-83.2% | $8,355-86.8% | $6,918-84.1% |