Filed February 21, 2022
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 8-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.
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 | $38,076 | $57,016-33.2% | $84,966-55.2% | $80,856-52.9% |
| Participation rate | 60.0% | 56.3%+3.7pp | 67.5%-7.5pp | 67.6%-7.6pp |
| Annual return | 13.12% | 21.66%-8.5pp | 66.38%-53.3pp | 35.59%-22.5pp |
| Employer contribution / active EE | $1,628 | $1,798-9.4% | $2,727-40.3% | $2,755-40.9% |
| Participant deferral / active EE | $3,849 | $3,110+23.8% | $4,519-14.8% | $4,296-10.4% |
| Admin fee / account holder | $9,353 | $4,980+87.8% | $6,149+52.1% | $6,918+35.2% |