Filed December 15, 2021
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 10-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,285 | $102,605-67.6% | $145,661-77.1% | $84,808-60.8% |
| Participation rate | 45.7% | 74.3%-28.6pp | 77.2%-31.5pp | 68.3%-22.6pp |
| Annual return | 16.65% | 26.50%-9.9pp | 101.46%-84.8pp | 40.90%-24.2pp |
| Employer contribution / active EE | $0 | $3,325-100.0% | $4,238-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $1,411 | $5,750-75.5% | $7,198-80.4% | $4,212-66.5% |
| Admin fee / account holder | $1,412 | $8,758-83.9% | $12,466-88.7% | $7,344-80.8% |