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 | $11,312 | $214,378-94.7% | $200,582-94.4% | $142,382-92.1% |
| Participation rate | 30.0% | 87.4%-57.4pp | 86.9%-56.9pp | 80.1%-50.1pp |
| Annual return | 5.86% | 46.41%-40.5pp | 42.33%-36.5pp | 217.08%-211.2pp |
| Employer contribution / active EE | $1,623 | $6,841-76.3% | $6,419-74.7% | $4,299-62.2% |
| Participant deferral / active EE | $2,896 | $9,865-70.6% | $9,331-69.0% | $6,507-55.5% |
| Admin fee / account holder | $4,551 | $17,692-74.3% | $16,305-72.1% | $12,624-63.9% |