Filed October 21, 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 7-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 | $24,181 | $86,891-72.2% | $142,449-83.0% | $75,163-67.8% |
| Participation rate | 51.9% | 68.5%-16.7pp | 76.8%-24.9pp | 67.2%-15.3pp |
| Annual return | 74.24% | 23.31%+50.9pp | 19.99%+54.3pp | 160.62%-86.4pp |
| Employer contribution / active EE | $1,013 | $3,355-69.8% | $4,847-79.1% | $2,670-62.1% |
| Participant deferral / active EE | $2,413 | $4,938-51.1% | $6,283-61.6% | $4,125-41.5% |
| Admin fee / account holder | $518 | $7,299-92.9% | $10,011-94.8% | $5,651-90.8% |