Filed September 16, 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 6-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 | $69,390 | $49,451+40.3% | $79,550-12.8% | $66,914+3.7% |
| Participation rate | 36.5% | 61.3%-24.8pp | 69.5%-32.9pp | 69.8%-33.3pp |
| Annual return | -16.15% | 84.25%-100.4pp | 0.16%-16.3pp | 1.58%-17.7pp |
| Employer contribution / active EE | $534 | $1,266-57.8% | $2,413-77.9% | $2,544-79.0% |
| Participant deferral / active EE | $2,652 | $3,159-16.0% | $3,985-33.4% | $4,237-37.4% |
| Admin fee / account holder | $11,119 | $595+1770.1% | $6,832+62.7% | $593+1774.3% |