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 | $6,006 | $77,314-92.2% | $177,989-96.6% | $80,856-92.6% |
| Participation rate | 41.0% | 65.7%-24.7pp | 77.1%-36.1pp | 67.6%-26.7pp |
| Annual return | 0.00% | 18.09%-18.1pp | 294.48%-294.5pp | 35.59%-35.6pp |
| Employer contribution / active EE | $738 | $2,292-67.8% | $3,949-81.3% | $2,755-73.2% |
| Participant deferral / active EE | $1,056 | $4,411-76.1% | $6,276-83.2% | $4,296-75.4% |
| Admin fee / account holder | $301 | $7,191-95.8% | $10,363-97.1% | $6,918-95.7% |