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 | $67,350 | $59,417+13.4% | $93,606-28.0% | $74,495-9.6% |
| Participation rate | 44.9% | 59.7%-14.7pp | 68.7%-23.8pp | 67.2%-22.3pp |
| Annual return | 11.28% | 81.83%-70.6pp | 133.20%-121.9pp | 1364.94%-1353.7pp |
| Employer contribution / active EE | $515 | $1,264-59.2% | $2,420-78.7% | $2,623-80.4% |
| Participant deferral / active EE | $2,311 | $3,050-24.2% | $4,411-47.6% | $4,346-46.8% |
| Admin fee / account holder | $13,815 | $3,021+357.2% | $8,285+66.7% | $1,942+611.5% |