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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,529 | $81,460-87.1% | $103,333-89.8% | $80,856-87.0% |
| Participation rate | 27.5% | 66.8%-39.3pp | 74.5%-47.0pp | 67.6%-40.1pp |
| Annual return | 9.47% | 25.55%-16.1pp | 24.88%-15.4pp | 35.59%-26.1pp |
| Employer contribution / active EE | $775 | $3,105-75.1% | $3,868-80.0% | $2,755-71.9% |
| Participant deferral / active EE | $1,740 | $3,869-55.0% | $5,057-65.6% | $4,296-59.5% |
| Admin fee / account holder | $925 | $6,566-85.9% | $8,355-88.9% | $6,918-86.6% |