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 | $19,332 | $109,881-82.4% | $150,045-87.1% | $84,808-77.2% |
| Participation rate | 42.3% | 76.1%-33.8pp | 82.3%-40.0pp | 68.3%-26.0pp |
| Annual return | 11.21% | 28.25%-17.0pp | 62.55%-51.3pp | 40.90%-29.7pp |
| Employer contribution / active EE | $1,012 | $3,561-71.6% | $4,693-78.4% | $2,631-61.5% |
| Participant deferral / active EE | $954 | $6,636-85.6% | $7,997-88.1% | $4,212-77.3% |
| Admin fee / account holder | $5,941 | $8,568-30.7% | $13,435-55.8% | $7,344-19.1% |