Filed March 1, 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 | $25,730 | $123,793-79.2% | $177,821-85.5% | $79,858-67.8% |
| Participation rate | 55.1% | 84.7%-29.5pp | 87.7%-32.6pp | 69.6%-14.5pp |
| Annual return | 162.54% | 22.82%+139.7pp | 48.32%+114.2pp | 31.71%+130.8pp |
| Employer contribution / active EE | $2,300 | $4,095-43.8% | $5,918-61.1% | $2,471-6.9% |
| Participant deferral / active EE | $4,121 | $5,956-30.8% | $7,714-46.6% | $3,740+10.2% |
| Admin fee / account holder | $320 | $7,243-95.6% | $12,427-97.4% | $5,306-94.0% |