Filed October 27, 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 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.
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 | $45,801 | $73,933-38.1% | $96,683-52.6% | $75,163-39.1% |
| Participation rate | 45.3% | 66.4%-21.1pp | 74.3%-29.1pp | 67.2%-21.9pp |
| Annual return | 18.04% | 26.70%-8.7pp | 35.69%-17.7pp | 160.62%-142.6pp |
| Employer contribution / active EE | $1,109 | $2,928-62.1% | $3,737-70.3% | $2,670-58.4% |
| Participant deferral / active EE | $2,864 | $3,659-21.7% | $4,878-41.3% | $4,125-30.6% |
| Admin fee / account holder | $1,089 | $5,216-79.1% | $6,730-83.8% | $5,651-80.7% |