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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,488 | $95,803-31.6% | $113,168-42.1% | $84,808-22.8% |
| Participation rate | 45.5% | 72.9%-27.4pp | 76.6%-31.1pp | 68.3%-22.9pp |
| Annual return | 8.33% | 25.00%-16.7pp | 24.27%-15.9pp | 40.90%-32.6pp |
| Employer contribution / active EE | $766 | $2,360-67.5% | $2,975-74.2% | $2,631-70.9% |
| Participant deferral / active EE | $1,719 | $4,242-59.5% | $5,107-66.3% | $4,212-59.2% |
| Admin fee / account holder | $5,348 | $8,989-40.5% | $12,068-55.7% | $7,344-27.2% |