Filed February 17, 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 | $78,438 | $71,516+9.7% | $98,439-20.3% | $71,457+9.8% |
| Participation rate | 61.9% | 72.7%-10.8pp | 75.2%-13.3pp | 67.9%-6.0pp |
| Annual return | 17.50% | 32.41%-14.9pp | 21.16%-3.7pp | 28.85%-11.3pp |
| Employer contribution / active EE | $1,376 | $2,399-42.6% | $3,048-54.9% | $2,588-46.8% |
| Participant deferral / active EE | $3,666 | $4,109-10.8% | $4,738-22.6% | $4,289-14.5% |
| Admin fee / account holder | $3,662 | $1,675+118.6% | $8,948-59.1% | $1,587+130.7% |