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.)
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 | $20,806 | $109,881-81.1% | $150,045-86.1% | $84,808-75.5% |
| Participation rate | 37.0% | 76.1%-39.0pp | 82.3%-45.3pp | 68.3%-31.3pp |
| Annual return | 22.69% | 28.25%-5.6pp | 62.55%-39.9pp | 40.90%-18.2pp |
| Employer contribution / active EE | $0 | $3,561-100.0% | $4,693-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $3,945 | $6,636-40.5% | $7,997-50.7% | $4,212-6.3% |
| Admin fee / account holder | $1,509 | $8,568-82.4% | $13,435-88.8% | $7,344-79.4% |