Filed May 6, 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 | $47,587 | $58,694-18.9% | $142,863-66.7% | $85,850-44.6% |
| Participation rate | 46.4% | 58.5%-12.1pp | 71.9%-25.5pp | 69.3%-22.9pp |
| Annual return | 12.03% | 27.72%-15.7pp | 5637.54%-5625.5pp | 318.53%-306.5pp |
| Employer contribution / active EE | $757 | $1,423-46.8% | $4,144-81.7% | $2,565-70.5% |
| Participant deferral / active EE | $2,887 | $2,607+10.7% | $3,837-24.7% | $3,952-26.9% |
| Admin fee / account holder | $3,343 | $4,239-21.1% | $6,560-49.0% | $6,260-46.6% |