How to handle a underwhelming performance review?

Recently had my performance review and received meets expectations with the baseline raise. I feel like I'm firing on all cylinders and outperforming my peers but it all seems to not mean much which is pretty demotivating. My manager is thankful for my contributions, says he's learning alot from me, and I'm on the higher end of the meets expectations end. Looking around me I feel my work ethic, contributions, and team impact outweights the majority engineers around me.

I have a generally pretty good relationship with my manager so he was very transparent that I'm the highest paid engineer on the team and shared that the engineers in our org that received exceeds do work with more visability and participate in activities outside the team like a volunteer oncall rotation, interviewing, new hiring trainings, etc. Basically makes me think excelling at the team level has little value and I need to seek org level problems to own which seems like an antipattern to me.

My plan going forward is to schedule a call with my VP and try to take ownership of upcoming org level problems and try to start doing not engineering activities like interviewing. I'm also thinking about setting up a followup call with my manager to express frustration about my rating and press him further about the work that will lead me to get higher ratings.

Overall, I think I'm positioned pretty well to excel at this company in the future but is there any other recommendations that can help ensure I'm successful?

Some context:

• I've been at the company 1.5 yrs
• I led our 3 biggest projects last year. Two requiring multiple engineers and cross-team planning and coordination. Delivered high quality solutions on time.
• My manager says I know the systems better than anyone on the team and has called me his righthand man.
• I'm the engineer who hops on any fires, diagnose the root cause quickly and push up the fix.
• I revamped how we do project discovery, grooming, and planning. This has led to big impact in how we deliver and has increased team confidence in what we're building. This was evident in a recent engineering survey which my team scored the highest on in this category in our org.
• I went out of my way to improve team processes, knowledge sharing, and I'm usually the engineer that jumps into a new internal framework for an upcoming project
• I've made significant impact on reliability and monitoring of our system which is my org's #1 goal.