Filed April 22, 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 | $123,238 | $109,413+12.6% | $156,263-21.1% | $84,808+45.3% |
| Participation rate | 60.0% | 72.7%-12.7pp | 78.9%-18.9pp | 68.3%-8.3pp |
| Annual return | 21.18% | 20.18%+1.0pp | 59.47%-38.3pp | 40.90%-19.7pp |
| Employer contribution / active EE | $2,173 | $2,907-25.2% | $4,333-49.8% | $2,631-17.4% |
| Participant deferral / active EE | $4,801 | $4,590+4.6% | $6,158-22.0% | $4,212+14.0% |
| Admin fee / account holder | $789 | $9,357-91.6% | $14,255-94.5% | $7,344-89.3% |