Filed July 7, 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 9-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,349 | $48,750-19.3% | $88,946-55.8% | $74,304-47.0% |
| Participation rate | 25.0% | 44.5%-19.5pp | 68.8%-43.8pp | 60.3%-35.3pp |
| Annual return | 13.83% | 25.91%-12.1pp | 57.82%-44.0pp | 29.43%-15.6pp |
| Employer contribution / active EE | $1,419 | $1,255+13.1% | $2,555-44.4% | $2,241-36.7% |
| Participant deferral / active EE | $0 | $2,423-100.0% | $4,581-100.0% | $3,767-100.0% |
| Admin fee / account holder | $7,329 | $3,756+95.1% | $8,261-11.3% | $2,969+146.8% |