Filed February 27, 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.
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 | $43,470 | $46,869-7.3% | $122,332-64.5% | $70,131-38.0% |
| Participation rate | 16.7% | 58.2%-41.5pp | 71.6%-55.0pp | 69.5%-52.9pp |
| Annual return | 14.93% | 24.22%-9.3pp | 30.27%-15.3pp | 73.14%-58.2pp |
| Employer contribution / active EE | $381 | $1,288-70.4% | $4,050-90.6% | $2,342-83.7% |
| Participant deferral / active EE | $993 | $2,166-54.2% | $3,287-69.8% | $3,332-70.2% |
| Admin fee / account holder | $2,429 | $3,322-26.9% | $5,478-55.7% | $4,645-47.7% |