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.)
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 | $8,554 | $55,415-84.6% | $155,509-94.5% | $74,495-88.5% |
| Participation rate | 18.0% | 61.9%-43.9pp | 78.2%-60.2pp | 67.2%-49.2pp |
| Annual return | 6.00% | 268.50%-262.5pp | 64.67%-58.7pp | 1364.94%-1358.9pp |
| Employer contribution / active EE | $26 | $2,267-98.9% | $4,672-99.4% | $2,623-99.0% |
| Participant deferral / active EE | $873 | $2,836-69.2% | $5,626-84.5% | $4,346-79.9% |
| Admin fee / account holder | $2,308 | $1,738+32.8% | $15,912-85.5% | $1,942+18.9% |