Filed September 7, 2021
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,333 | $57,354-59.3% | $83,848-72.2% | $64,186-63.6% |
| Participation rate | 50.0% | 68.6%-18.6pp | 76.1%-26.1pp | 69.6%-19.6pp |
| Annual return | -11.65% | 11.38%-23.0pp | 850.88%-862.5pp | 7.63%-19.3pp |
| Employer contribution / active EE | $1,212 | $2,545-52.4% | $3,631-66.6% | $2,381-49.1% |
| Participant deferral / active EE | $2,517 | $2,993-15.9% | $4,082-38.3% | $3,470-27.5% |
| Admin fee / account holder | $589 | $4,046-85.4% | $5,478-89.2% | $4,888-87.9% |