Filed December 15, 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 7-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 | $24,121 | $102,966-76.6% | $90,281-73.3% | $152,861-84.2% |
| Participation rate | 31.6% | 75.9%-44.3pp | 73.3%-41.7pp | 82.4%-50.9pp |
| Annual return | 0.00% | 95.16%-95.2pp | 78.10%-78.1pp | 345.32%-345.3pp |
| Employer contribution / active EE | $1,007 | $3,139-67.9% | $2,854-64.7% | $4,762-78.9% |
| Participant deferral / active EE | $1,671 | $4,281-61.0% | $3,885-57.0% | $5,850-71.4% |
| Admin fee / account holder | $509 | $6,171-91.8% | $5,351-90.5% | $11,596-95.6% |