Filed November 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 4-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,207 | $185,822-89.1% | $169,993-88.1% | $139,434-85.5% |
| Participation rate | 50.0% | 87.8%-37.8pp | 87.0%-37.0pp | 80.3%-30.3pp |
| Annual return | 26.68% | 60.50%-33.8pp | 53.37%-26.7pp | 372.94%-346.3pp |
| Employer contribution / active EE | $4,919 | $7,590-35.2% | $6,785-27.5% | $4,751+3.5% |
| Participant deferral / active EE | $8,187 | $11,622-29.6% | $10,408-21.3% | $6,710+22.0% |
| Admin fee / account holder | $17,689 | $15,381+15.0% | $12,815+38.0% | $11,403+55.1% |