Filed September 16, 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 6-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 | $114,878 | $74,927+53.3% | $101,794+12.9% | $84,808+35.5% |
| Participation rate | 54.6% | 61.4%-6.8pp | 69.2%-14.5pp | 68.3%-13.7pp |
| Annual return | 13.54% | 18.70%-5.2pp | 30.53%-17.0pp | 40.90%-27.4pp |
| Employer contribution / active EE | $1,614 | $1,522+6.1% | $2,289-29.5% | $2,631-38.7% |
| Participant deferral / active EE | $2,427 | $3,099-21.7% | $4,084-40.6% | $4,212-42.4% |
| Admin fee / account holder | $4,900 | $6,514-24.8% | $8,777-44.2% | $7,344-33.3% |