Filed October 15, 2021
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 7-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $40,476 | $59,263-31.7% | $96,562-58.1% | $79,386-49.0% |
| Participation rate | 38.7% | 61.9%-23.2pp | 69.8%-31.1pp | 70.7%-32.0pp |
| Annual return | 15.08% | 27.07%-12.0pp | 37.78%-22.7pp | 116.85%-101.8pp |
| Employer contribution / active EE | $229 | $1,216-81.2% | $2,356-90.3% | $2,427-90.6% |
| Participant deferral / active EE | $2,859 | $2,948-3.0% | $3,849-25.7% | $4,046-29.3% |
| Admin fee / account holder | $972 | $658+47.6% | $6,181-84.3% | $626+55.2% |