Filed May 10, 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 | $36,626 | $82,664-55.7% | $125,339-70.8% | $68,494-46.5% |
| Participation rate | 60.7% | 75.0%-14.3pp | 82.4%-21.7pp | 67.9%-7.2pp |
| Annual return | -14.70% | -5.97%-8.7pp | 572.05%-586.8pp | -7.84%-6.9pp |
| Employer contribution / active EE | $2,530 | $3,381-25.2% | $4,814-47.4% | $2,596-2.6% |
| Participant deferral / active EE | $5,107 | $6,110-16.4% | $7,446-31.4% | $4,027+26.8% |
| Admin fee / account holder | $23,148 | $6,275+268.9% | $10,010+131.3% | $5,403+328.5% |