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 | $33,072 | $92,985-64.4% | $153,485-78.5% | $80,856-59.1% |
| Participation rate | 42.0% | 69.0%-26.9pp | 77.1%-35.0pp | 67.6%-25.6pp |
| Annual return | 13.92% | 19.95%-6.0pp | 15.65%-1.7pp | 35.59%-21.7pp |
| Employer contribution / active EE | $1,151 | $3,507-67.2% | $5,039-77.2% | $2,755-58.2% |
| Participant deferral / active EE | $3,071 | $5,178-40.7% | $6,757-54.5% | $4,296-28.5% |
| Admin fee / account holder | $1,383 | $8,880-84.4% | $12,724-89.1% | $6,918-80.0% |