Filed January 2, 2023
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.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $195,847 | $74,927+161.4% | $101,794+92.4% | $84,808+130.9% |
| Participation rate | 64.4% | 61.4%+3.0pp | 69.2%-4.8pp | 68.3%-3.9pp |
| Annual return | 16.46% | 18.70%-2.2pp | 30.53%-14.1pp | 40.90%-24.4pp |
| Employer contribution / active EE | $0 | $1,522-100.0% | $2,289-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $4,770 | $3,099+53.9% | $4,084+16.8% | $4,212+13.3% |
| Admin fee / account holder | $1,517 | $6,514-76.7% | $8,777-82.7% | $7,344-79.3% |