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 | $9,486 | $92,985-89.8% | $153,485-93.8% | $80,856-88.3% |
| Participation rate | 27.3% | 69.0%-41.7pp | 77.1%-49.8pp | 67.6%-40.4pp |
| Annual return | 20.07% | 19.95%+0.1pp | 15.65%+4.4pp | 35.59%-15.5pp |
| Employer contribution / active EE | $0 | $3,507-100.0% | $5,039-100.0% | $2,755-100.0% |
| Participant deferral / active EE | $1,749 | $5,178-66.2% | $6,757-74.1% | $4,296-59.3% |
| Admin fee / account holder | $317 | $8,880-96.4% | $12,724-97.5% | $6,918-95.4% |