Filed March 1, 2023
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.
Employer 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 | $45,601 | $69,763-34.6% | $67,502-32.4% | $74,495-38.8% |
| Participation rate | 39.8% | 71.4%-31.5pp | 72.9%-33.0pp | 67.2%-27.4pp |
| Annual return | 14.42% | -40.34%+54.8pp | 3512.12%-3497.7pp | 1364.94%-1350.5pp |
| Employer contribution / active EE | $496 | $2,704-81.7% | $2,731-81.8% | $2,623-81.1% |
| Participant deferral / active EE | $3,106 | $3,636-14.6% | $4,000-22.4% | $4,346-28.5% |
| Admin fee / account holder | $3,504 | $896+291.2% | $3,998-12.3% | $1,942+80.5% |