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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,807 | $95,803-58.4% | $113,168-64.8% | $84,808-53.1% |
| Participation rate | 28.0% | 72.9%-44.9pp | 76.6%-48.6pp | 68.3%-40.3pp |
| Annual return | 12.77% | 25.00%-12.2pp | 24.27%-11.5pp | 40.90%-28.1pp |
| Employer contribution / active EE | $0 | $2,360-100.0% | $2,975-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $1,949 | $4,242-54.1% | $5,107-61.8% | $4,212-53.7% |
| Admin fee / account holder | $8,693 | $8,989-3.3% | $12,068-28.0% | $7,344+18.4% |