Filed January 13, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,676 | $91,552-80.7% | $133,956-86.8% | $79,858-77.9% |
| Participation rate | 68.1% | 73.3%-5.3pp | 79.8%-11.8pp | 69.6%-1.5pp |
| Annual return | 22.01% | 61.85%-39.8pp | 45.09%-23.1pp | 31.71%-9.7pp |
| Employer contribution / active EE | $641 | $2,384-73.1% | $3,919-83.6% | $2,471-74.1% |
| Participant deferral / active EE | $2,112 | $3,733-43.4% | $5,048-58.2% | $3,740-43.5% |
| Admin fee / account holder | $318 | $6,321-95.0% | $8,927-96.4% | $5,306-94.0% |