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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,814 | $87,013-61.1% | $106,213-68.2% | $80,856-58.2% |
| Participation rate | 44.0% | 70.4%-26.4pp | 75.3%-31.3pp | 67.6%-23.6pp |
| Annual return | 6.14% | 17.05%-10.9pp | 116.14%-110.0pp | 35.59%-29.5pp |
| Employer contribution / active EE | $505 | $2,395-78.9% | $3,171-84.1% | $2,755-81.7% |
| Participant deferral / active EE | $2,664 | $3,986-33.2% | $5,016-46.9% | $4,296-38.0% |
| Admin fee / account holder | $49,744 | $8,431+490.0% | $11,033+350.9% | $6,918+619.1% |