Filed June 2, 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 | $55,359 | $42,894+29.1% | $60,874-9.1% | $68,494-19.2% |
| Participation rate | 63.3% | 66.8%-3.5pp | 73.1%-9.8pp | 67.9%-4.6pp |
| Annual return | -16.35% | -13.98%-2.4pp | 16.90%-33.2pp | -7.84%-8.5pp |
| Employer contribution / active EE | $4,761 | $1,978+140.7% | $2,701+76.3% | $2,596+83.4% |
| Participant deferral / active EE | $1,272 | $2,867-55.6% | $3,817-66.7% | $4,027-68.4% |
| Admin fee / account holder | $7,981 | $3,101+157.4% | $3,224+147.5% | $5,403+47.7% |